
The founder and president of NIO - Li Bin - at NYSE, photo in 2018.
China's electric car startup NIO recalled 4,803 ES8 vehicles, about one-third of the company's first batch for delivery, Beijing Youth Daily reported on Friday.
The company also promised to compensate all property losses caused by accidents due to battery quality according to law, the report said.

A company in south China has released a bendable smartphone made with active-matrix organic light-emitting diode (AMOLED) display.
The product is a combination of a smartphone and a tablet computer, according Liu Zihong, CEO of the smartphone developer, Royole, which is based in Shenzhen, Guangdong Province.
Read more: Chinese company released fold-able smart phone - FlexPai

An unmanned vehicle developed by Meituan for food delivery debuts on 25th July 2018.
Online food apps are changing everyday life for Zhou Huan, a 25-year-old worker from Beijing, as all her meals can be brought by deliverymen no matter where she is.
But recently she was even more pleased when an unmanned vehicle delivered her meal directly to a shopping mall in Beijing.
Read more: China's Meituan developed unmanned vehicle for food delivery

China has 25,000 km of high-speed railway, accounting for over 60 percent of the world's total, official data showed.
By the end of 2017, China had built and put into service 127,000 km of railway, up 150 percent from 1978 when the country started its reform and opening-up, according to the National Bureau of Statistics (NBS).
FAW's New Model - Red Flag H5 - Debuts on Beijing International Auto Show 2018.
The Red Flag H5 is powered by 1.8T engine with 6-speed transmission. In order to win the youth's heart, Red Flag H5 integrated trendy design.
Read more: FAW's New Model Debuts on Beijing International Auto Show 2018
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