Tesla reclaims the quarterly EV crown from BYD, but the numbers tell a more complicated story
Tesla reclaims the quarterly EV crown from BYD, but the numbers tell a more complicated story

Tesla delivered 358,023 battery electric vehicles in the first quarter of 2026, edging past BYD’s 310,389 pure electric sales to reclaim the global quarterly BEV lead it surrendered across all of 2025. The margin, roughly 48,000 units, was enough for t…

Tencent is building an enterprise empire on top of an Austrian developer’s open-source lobster
Tencent is building an enterprise empire on top of an Austrian developer’s open-source lobster

Tencent Holdings has launched ClawPro, an enterprise AI agent management platform built on OpenClaw, the open-source framework that has become the fastest-growing project in GitHub’s history and the unlikely centrepiece of a national technology craze i…

Geely says it will stop building factories and start borrowing everyone else’s instead
Geely says it will stop building factories and start borrowing everyone else’s instead

Li Shufu, the billionaire chairman of Geely Holding Group and the man who bought Volvo Cars from Ford for $1.8 billion in 2010, has arrived at a conclusion that many of his peers in the global automotive industry have been slower to reach: the world ha…

More than 100 Baidu robotaxis froze mid-traffic in Wuhan. The age of the mass fleet failure has arrived.
More than 100 Baidu robotaxis froze mid-traffic in Wuhan. The age of the mass fleet failure has arrived.

On Tuesday evening in Wuhan, more than 100 of Baidu’s Apollo Go robotaxis stopped moving. They did not pull over. They did not activate an emergency protocol. They simply froze, scattered across the city’s roads and elevated highways, some in the middl…

Xiaomi hires Tesla’s former head of sales in China to lead its auto retail push
Xiaomi hires Tesla’s former head of sales in China to lead its auto retail push

Xiaomi has recruited Kong Yanshuang, formerly Tesla’s General Manager for the China region, to take charge of its growing automotive sales operations. The hire signals a significant professionalization of Xiaomi’s EV retail strategy as the company targ…

China’s third-largest chip foundry just filed for a Hong Kong listing. The real story is the $5 billion fab behind it.
China’s third-largest chip foundry just filed for a Hong Kong listing. The real story is the $5 billion fab behind it.

Nexchip Semiconductor filed for a listing on the Hong Kong Stock Exchange on Tuesday, joining a stampede of Chinese chip companies turning to the city’s capital markets as Beijing pours resources into building a domestic semiconductor supply chain that…

ByteDance adds watermarking and IP guardrails to Seedance 2.0 as it begins cautious global rollout
ByteDance adds watermarking and IP guardrails to Seedance 2.0 as it begins cautious global rollout

Six weeks ago, a video of Tom Cruise fighting Brad Pitt on a rooftop went viral. It was, of course, not real. It was generated by Seedance 2.0, ByteDance’s AI video model, and it set off a firestorm that drew cease-and-desist letters from six major Hol…

South Korea turns to Russian naphtha as Asia’s chip supply chain feels the squeeze
South Korea turns to Russian naphtha as Asia’s chip supply chain feels the squeeze

When Iran effectively closed the Strait of Hormuz in late February, choking off the corridor through which a fifth of the world’s oil and gas flows, the immediate consequences were predictable: crude prices spiked, energy markets convulsed, and geopoli…

Apple Intelligence briefly goes live in China without approval, raising the spectre of regulatory penalties
Apple Intelligence briefly goes live in China without approval, raising the spectre of regulatory penalties

In the small hours of Tuesday morning, something unexpected appeared on iPhones across mainland China. Apple Intelligence, the suite of AI-powered tools that the company has spent nearly two years trying to bring to its largest market outside the US, f…

Mainland Chinese tech firms are flooding into Hong Kong as the West tightens the door
Mainland Chinese tech firms are flooding into Hong Kong as the West tightens the door

The number of mainland Chinese companies listing on the Hong Kong Stock Exchange rose from 30 in 2024 to 76 in 2025, an increase of 153 per cent, according to PricewaterhouseCoopers. Hong Kong reclaimed the top global position for IPO fundraising last …