Tencent Holdings Ltd recognizes that a “new paradigm” is taking shape in the internet industry and will adopt a cautious stance on business expansion henceforth, its top executives said late on Wednesday, after reporting the company’s slowest pace of revenue growth in years. Continue reading “Tencent says it’s all for ‘sustainable, healthy growth’”
Nio to deliver three new EVs in 2022
Chinese electric vehicle startup Nio is to introduce three new EVs based on the Nio Technology Platform 2.0 this year, bringing the total number of its models to six, its founder and CEO William Li said on Thursday. The first model based on the platform is ET7 sedan, which will start being delivered on March 28. Deliveries of the ET5 sedan is expected to start in September this year. Continue reading “Nio to deliver three new EVs in 2022”