An electric car from Xpeng caught fire in China, earlier this week. It was the G3 model, which was parked at a charging station in the Tianhe District, Guangzhou, where it spontaneously combusted into flames.

According to a Zaobao report, the Xpeng G3 model caught fire at a charging station on 14th April 2021. The reports state that the fire was intense with a lot of white smoke being emitted. This incident also arrives on the same day the Chinese electric vehicle maker released its third new model, the Xiaopeng P5. Furthermore, the company even confirmed that the report was true and that it will be forming a team to investigate the accident and find out the cause of the fire.

Notably, the owner of the vehicle is safe and there was no harm to any other individual either. Looking at the statistics, the recent events marks the seventh accident of the company’s car since 2019. Out of this figure, two of them are related to fires as well. Unfortunately, finer details regarding the matter and the Xpeng’s investigation is still unknown at the moment. So stay tuned for more, as we will be providing updates when additional information is available.

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In order to survive, Smartisan has sold some of the tech-related patent rights to Bytedance, a Chinese internet technology company working in the field of AI. While addressing the media at the launch event of a new social app, Chat Bao, Smartisan’s founder revealed that the financial condition of the company is not too bad but to survive a back-up is a must. In another revelation, according to Yicai, Smartisan’s No. 2 employee XiaoPeng has resigned from the company and has joined Oppo’s subsidiary, Realme as a design director.

XiaoPeng joined the Realme last year in the month of December. Oppo announced its new sub-brand, Realme in May 2018. The motive of the Realme is to compete against Redmi devices in India. Realme is purely made in India device, as it is manufactured in India using Oppo’s production line. Their first device Realme 1 gained a good number of sales.

In-depth, Smartisan employees have been asked to re-sign the contracts with Bytedance for the six-month probation period. As per new terms, employees have to surrender the equity of Smartisan and sign a new contract to sustain in the company.

There are many confusions in the new Bytedance acquisition of tech-related patents from Smartisan. Many departments and resources have been re-aligned to different works within the company. Now, Smartisan’s Bullet Messenger resources have been aligned to the Bytedance’s K-12 education, an education-related product. Bytedance is popularly known for their work in the AI field. Moreover, they have launched plenty of education-related products for students last year. Even, they have launched an app which offers a content related to culture, audio books, wealth management, etc.

• Read More: Smartisan reported to be facing crises, CEO denies it

Earlier, Luo approached many big giants in China such as Baidu, Ali and others for a possible merger, but due to lack of interest things didn’t work for Smartisan.

Now we hope this new shift in Smartisan would help them to recover from the financial crisis.

(Source)

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