Li Bin warns on EV weight; ByteDance sale approved; Xiaomi forms global unit; BYD sets 503.17 km/h record
Briefing by News4U · First published
ITHome reported that NIO’s Li Bin warned a 20% weight increase doubles road damage; ByteDance’s sale of Moutian Tech for over $6 billion received unconditional approval from the State Administration for Market Regulation; Xiaomi established an international business unit led by Yu Liguo; BYD’s U9X reached 503.17 km/h on public roads, certified by FIA and Guinness. [1]