An avalanche of batteries and connected cars – China’s latest business and technology news

Business & Technology

A summary of the top news in Chinese business and technology for June 29, 2017. Part of the daily SupChina newsletter, a convenient package of China’s business, political, and cultural news delivered to your inbox for free. Subscribe here.

Two things:

  • Bloomberg says “China is about to bury Elon Musk in batteries,” as Chinese companies gear up to produce batteries that provide more than 120 gigawatt hours a year by 2021. According to Bloomberg, that’s enough batteries “for around 1.5 million Tesla Model S vehicles or 13.7 million Toyota Prius Plug-in Hybrids per year.”
  • Auto makers have a big presence at the Mobile World Conference currently underway in Shanghai. TechNode reports that Volkswagen, Toyota, and BYD all displayed connected cars, while Alibaba showed off its Yun operating system, which it hopes to install in 700,000 cars this year.
    Easy connection of a phone to a car’s onboard system and use of phones to operate cars remotely, music and radio apps, and navigation appear to be the major offerings.

Chinese tech abroad

Ivanka Trump

Bike sharing