On Friday evening, China Central Television’s most-watched news programme broadcast footage that has never been shown publicly. The Chip Fundamental Technology Research Laboratory at Huawei’s Lianqiu Lake campus in Shanghai appeared on Xinwen Lianbo,…
China’s export earnings have reached roughly $500m an hour, according to a Bloomberg calculation based on the latest customs data, with AI-related goods accounting for about half of the year-on-year growth that has driven the figure to record levels. T…
XPeng (XPEV) is expanding its hit Mona budget EV lineup with the L03, the sub-brand’s first SUV, which surfaced in Chinese regulatory filings with up to 650 km of CLTC range, a 183 kW motor, and LFP battery options up to 69 kWh.
Chinese automotive m…
Tesla’s actual retail sales in China fell 10% year-over-year in April to just 25,956 vehicles, according to new data from the China Passenger Car Association (CPCA) — despite widespread reports last week that Tesla’s China sales had surged 36%.
The …
After a week of Tesla Semi grabbing headlines and stealing the show at ACT Expo, Baidu-backed DeepWay would like to remind you that they delivered 8,020 electric semi trucks in 2025 – and they’re almost ready to go public.
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Moonshot’s annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot AI…
The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost of the big U.S. models like those from OpenAI and Anthropic.
A KPMG-conducted study commissioned by the CCCEU estimates that phasing Chinese suppliers out of 18 critical EU sectors between 2026 and 2030 would cost €367.8bn. Reuters’ headline rounds that down. The actual figure is materially higher. China’s chamb…
What started in mid-April as a $300m raise at a $10bn valuation, with Alibaba and Tencent talking, is now an FT-reported deal at $45bn led by the China Integrated Circuit Industry Investment Fund. The strategic logic has changed substantially. There is…