Nio will build 400 battery-swapping stations along highways and 600 in urban areas with a focus on the country's third- and fourth-tier cities and counties, Li said in a post on Nio's social media platform.
Indian banks that have their white-label payment processing offerings have also seen a rise in merchant signups, industry executives told ET.
A report in tech publication The Verge suggests that the new application has been rebuilt from scratch to improve its system resource usage on PCs and laptops significantly.
The use of two-wheelers for commercial purposes is in violation of the Motor Vehicles Act, 1988. The first offence could lead to a fine of Rs 5,000 while a second offence could incur a Rs 10,000 fine and imprisonment of up to a year, the department said in a public notice.
Just a few years ago, China was on track to challenge U.S. dominance in artificial intelligence. The balance of power was tilting in China's direction because it had abundant data, hungry entrepreneurs, skilled scientists and supportive policies. The country led the world in patent filings related to artificial intelligence.
Netflix co-CEO Ted Sarandos told ET that the immediate priority for him is to focus on growth while creating new products after an eventful 2022 for the company. Stating that Netflix has gone beyond just wanting to be like HBO, Sarandon said it is similar to Thali in India – a little bit of everything.