Category: shanghai

Beyond Meat opens its first production plant in China

About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources and potentially reduce the carbon footprint of its products. Situated in Jiaxing, a city 85 km from Shanghai, the plant…

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China launched its national carbon trading market yesterday

Yesterday, China flipped the switch on a nationwide carbon trading market, in what could be one of the most significant steps taken to reduce greenhouse gas emissions in 2021 — if the markets can work effectively. China is the world’s largest emitter of greenhouse gases and its share of the…

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Battery companies are the latest SPAC target as EVs get a huge regulatory boost

Batteries are the latest landing pad for investors. In the past week alone, two companies have announced plans to become publicly traded companies by merging with special purpose acquisition companies. European battery manufacturer FREYR said Friday it would become a publicly traded company through a special purpose acquisition vehicle with…

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AutoX becomes China’s first to remove safety drivers from robotaxis

Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or…

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‘League of Legends’ championship will start in Shanghai despite pandemic

At least one major eSports league is determined to push forward with in-person finals despite the COVID-19 pandemic. Riot Games has announced that the League of Legends World Championship 2020 will take place in Shanghai between September 25th and Oc… Source

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A life-size Gundam statue will be completed outside of Japan in 2021

You won’t have to visit Japan to see a life-size Gundam statue in the months ahead, although you may still have to book a lengthy trip. Our Engadget Chinese colleagues report that Bandai Namco will debut an 18-meter (about 59ft) Freedom Gundam statue… Source

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