BYD Confirms a Humanoid Robot Debut for August

BYD has officially confirmed it plans to unveil a humanoid robot in August at Di Space, its brand experience hall. The confirmation, carried by Cailian Press on 28 July, follows a teaser poster at Di Space reading: “Early August — a new friend wants to meet you.” BYD executive vice-president Li Ke has said the … Read more

Nezha Auto’s RMB 3.5B Factory Auctioned Off for RMB 60M

On 27 July, the Nanning Qingxiu District People’s Court opened bidding on Alibaba’s judicial auction platform for the complete set of production machinery at Nezha Auto’s Nanning base — 467 pieces of vehicle manufacturing equipment with an assessed value and starting price of just over $60 million yuan. The equipment belongs to two Nanning project … Read more