Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices today, has signed another license agreement with Xiaomi, the third-largest smartphone manufacturer in the world. The new contract empowers Xiaomi to add Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY® as its proximity detection solution in multiple upcoming smartphones.

The Chinese electric car manufacturer Nio has presented the ET5 Touring, the estate version of its ET5 electric sedan. The ET5 Touring was presented in China and Europe at the same time. The second new Nio model for Europe is the mid-size SUV EL6.

Jack Dorsey’s payments company Block announced an open beta program on Thursday for its self-custodial Bitcoin wallet, Bitkey. 

The beta already includes special integrations with Coinbase and CashApp, letting users safely withdraw Bitcoin to the wallet from either platform “without the friction of standard 'copy and paste.”

Brian Gu, the president of electric vehicle manufacturer Xpeng, speaks with CNN's Kristie Lu Stout about the future of China's competitive EV industry and his company's plans to soar ahead in the burgeoning flying car sector.

National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation (ODI) Director Stephen A. Ridella has announced he’s leaving his position to work with Zoox.

NHTSA didn’t respond to questions from Repairer Driven News by publication deadline, including if Ridella’s departure had to do with the negative findings of a recently released internal audit. ODI has been lagging behind in improving vehicle safety recall investigation timeliness and informing the public in a timely manner, according to the audit report.

On Thursday, Xiaomi released a Disney-themed Civi 3 to celebrate Disney’s 100th anniversary. The limited-edition phone is based on Xiaomi’s mid-range Civi 3, which debuted in China on May 25. The limited edition model incorporates elements from Disney’s classic Mickey Mouse character into the design and features a Disney 100 logo on the back.

There are a lot of sprouting cryptocurrency exchanges offering attractive bonuses and trading features. On the other hand, there is only a handful that has solicited traders’ trust and loyalty. In this article, we will discuss how many people use KuCoin in 2023, including the site’s monthly visits and many interesting benefits.

Leading cryptocurrency exchange Coinbase took a step forward with its recently launched Coinbase Derivatives Exchange. The company announced that the derivatives exchange is likely to start offerings by the second week of June 2023. There would be Bitcoin (BTC) and Ethereum (ETH) futures in the offerings.

In a blog post on Thursday, June 1, the only publicly traded crypto exchange asserted that the Bitcoin and Ethereum futures will be “institutional-sized.” The futures offerings will have 1 BTC and 10 ETH per contract and will be available to institutional investors from Monday, June 5, 2023.

Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems. Trading is open now, with the initial pair being VERSE/USDT.

A milestone moment for Bitcoin.com, this first exchange listing for VERSE is significant because it amplifies the token’s reach and accessibility to millions of users around the globe.

Less than two months after debuting its fifth production EV called the G6, XPeng Motors’ CEO He Xiaopeng shared that the Chinese automaker is already busy on a sixth model called the X9. This will be XPeng’s first attempt at a multi-purpose vehicle (MPV) that it looks to utilize in targeting a certain demographic overseas.

XPeng Motors has been quite busy in 2023, and the last few months especially. After rolling out what it described as some of the most advanced and capable ADAS in China, XPeng debuted its new SEPA 2.0 modular EV architecture to support it.

KuCoin, a top 5 global crypto exchange, recently completed a comprehensive study aimed at understanding users' perspectives and aspirations across different generations, including Gen Z, Gen Y, and Gen X, regarding AI integration and blockchain efficiency. The study's findings offer insights into generational trends and expectations in the adoption of AI and its potential impact on the cryptocurrency ecosystem.

Cryptocurrency exchange Coinbase has partnered with the Austrian fintech firm Bitpanda, the latter company said on May 25.

The partnership will allow Coinbase to offer institutional trading services outside of the United States. It will also see Bitpanda add Coinbase as a liquidity provider.

Chinese electric vehicle (EV) start-up Xpeng expects its deliveries in the second quarter of this year to rise by up to 21 per cent as a bruising price war abates.

The Guangzhou-based carmaker said it would hand 21,000 to 22,000 cars to customers between April and June, compared to its total deliveries of 18,230 units in this year’s first quarter.

Xpeng published the delivery guidance on Wednesday after it reported worse-than-expected quarterly earnings, battered by weaker consumer demand for premium electric cars on the Chinese mainland.

The factory, which will produce Shein items and is part of the retailer’s push to localise production, could shorten shipping time and cut distribution costs for Shein customers in Latin America. It follows its announcement that it will build a manufacturing network in Brazil to serve as a global customer base.

Chinese cars used to be objects of derision, even by those enjoying their iPhones, which were probably made in China. But times have changed – and quickly. The consensus is that Chinese-manufactured Teslas are better built than ones from Fremont, California (fewer panel gaps). Now native Chinese brands are starting to break outside of the home market. Newcomer XPeng is aiming to bring a premium, technology-focused experience to driving Chinese, and I got to drive its latest entrants in Amsterdam.

SHEIN is a global fashion and lifestyle e-retailer. Credit: VicVa via Shutterstock.

Online fashion retailer Shein has officially announced plans to open 30 stores in the UK this year, in addition to new stores in the Middle East and Europe.

This news comes as a relief to fashion enthusiasts who have, until now, relied on online images and reviews when purchasing Shein’s trendy and affordable clothes, shoes, accessories and homeware items.