DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Shen - 3 — - 2 Nio - 2 Fei Shen - 2 John Helveston - 2 Helveston - 2 William Li — - 1 China's Elon - 1
Top related locs:
China Europe West San Francisco Spain Japan California Mexico
Top related orgs:
Service - 2 EV - 2 Chery - 2 George Washington University - 2 Business - 1 ABI Research - 1 Fiat - 1 Companies - 1

Search resuls for: "Fei Shen"


3 mentions found


☆ Battery swapping is taking off in China — and it could help rescue the EV revolution in the US
  + stars: | 2024-02-03 | by ( Tom Carter | ) www.businessinsider.com   time to read: +8 min
The Tesla rival pioneering battery-swappingFounded by entrepreneur William Li — sometimes referred to as "China's Elon Musk" — in 2014, Nio has built a network of more than 2,000 battery swap stations in China. Experts told BI that battery swapping offers a solution to many of those concerns — in theory. Ample battery swapping technology promises to swap out an EV battery in under five minutes. It's a heavy innovation because battery swap is closely connected with the vehicle design and the sales model," said Dr Shen. Ample, which in the future plans to charge users a battery subscription fee to use its swap stations, has battery swap stations operating in Spain, Japan, and California, where it has worked mainly with fleet providers such as Uber.
Persons: —, William Li —, China's Elon, Nio, Fei Shen, William Li, HECTOR RETAMAL, JAC, Shen, Dylan Khoo, John Helveston, Helveston, Khoo, John De Souza, De Souza Organizations: Service, Business, EV, Chery, ABI Research, George Washington University, Fiat Locations: China, Europe, West, San Francisco, Spain, Japan, California
☆ Elon Musk might be right. Chinese EV firms could 'demolish' their US rivals.
  + stars: | 2024-02-02 | by ( Tom Carter | ) www.businessinsider.com   time to read: +5 min
Elon Musk warned Chinese EV firms could "demolish" rivals like Tesla without trade barriers. AdvertisementA decade ago, Elon Musk laughed off the threat posed by Chinese electric carmaker BYD . "The Chinese car companies are the most competitive car companies in the world," Musk told investors during Tesla's Q4 earnings call. I think the Chinese companies are more willing to take risks and gamble with something and see how it goes," he said. Something else that may stop Chinese EV companies from overrunning the US market with cheap models is range.
Persons: Elon Musk, Tesla, —, BYD, Musk, Biden, Zhang Fan, Fortune, we've, John Helveston, Helveston, Nio, Dr, Fei Shen, Shen Organizations: Service, EV, Companies, Chery, GAC, George Washington University, US, Nio's, BI Locations: Mexico, China, Europe
☆ China's Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
  + stars: | 2024-01-10 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. Source: BloombergSince the beginning of 2023, Chinese food delivery leader Meituan has lost a staggering $82 billion in market capitalization, as fears over increasing competition and a warning from its management about a slowdown in its main food delivery business have spooked investors. The tech giant's market cap has tumbled nearly 60% to 441.06 billion Hong Kong dollars ($56.4 billion) from HK$1.08 trillion ($138.2 billion) at the beginning of 2023, according to LSEG data. The company still dominates China's food delivery industry, with almost 70% of the market share in the mainland, according to 2022 data from research firm ChinaIRN. But competition has been rising, especially from Alibaba -owned Ele.me, another prominent food delivery company in China.
Persons: Meituan, Shen Organizations: Bloomberg, Hong Kong, HK, CNBC Locations: Beijing, China, Ele.me
0 next >>
Total: 3