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CBI

New ‘BIG 6+1’ EV Group Reshapes China’s Auto Landscape, Nears BYD’s Sales

A new force is reshaping China's electric vehicle market, signaling that the era once defined by startups NIO, XPeng, and Li Auto has passed. A formidable new grouping of seven automakers, dubbed the "BIG 6+1," is now collectively challenging the dominance of market leader BYD,

Young Entrepreneurs Build $17 Billion Klook Empire as China's Golden Week Drives Travel Boom

Three young founders have transformed a frustrating travel experience into a $17 billion travel unicorn, with Klook Ltd. preparing for a U.S. IPO amid surging Chinese outbound tourism during the Mid-Autumn Festival and National Day holiday. The Hong Kong-based travel technology company has reportedly hired Goldman Sachs,

Huawei's Upcoming Mate 80 Series Reportedly Gains Key Certification in China

A recent report has revealed that three new smartphone models from Huawei Technologies have obtained regulatory approval in China, a development widely seen as a precursor to the launch of its next-generation flagship Mate 80 series. The certification is a mandatory step for electronic products before they can be

Unitree Robotics Scrambles to Patch 'Wormable' Flaw Affecting Humanoid and Quadruped Robots

A significant security vulnerability has been discovered across a range of robots from Unitree Robotics, a prominent Chinese robotics firm. The flaw, first reported by IEEE Spectrum, allows for remote hijacking and can spread automatically between devices, creating the potential for a "robot botnet." The vulnerability affects both

DeepRoute.AI Achieves Record 30,000 Monthly Vehicle Deliveries in September

DeepRoute.AI reached a milestone in September 2025, with monthly deliveries of vehicles equipped with its autonomous driving technology surpassing 30,000 units for the first time. This represents significant growth from June, when the company first broke the 10,000-unit monthly delivery threshold. The artificial intelligence company has

Domestic Chinese Chip Companies Rapidly Embrace DeepSeek's Latest AI Model

Chinese artificial intelligence software and hardware ecosystems are accelerating their collaborative development as domestic chipmakers achieved same-day compatibility with DeepSeek's newly released V3.2-Exp large language model, signaling strengthening integration within China's AI supply chain. Huawei Technologies's Ascend computing division, Cambricon Technologies,

Yin Qi Unveils Ambitious AI-Powered Automotive Vision as Afari Technology Accelerates Autonomous Driving Push

Yin Qi, the 37-year-old co-founder of AI unicorn Megvii Technology, has outlined an expansive vision for artificial intelligence integration in automotive systems through his new venture Afari Technology, positioning the company as a bridge toward artificial general intelligence (AGI) through smart vehicle development. The former AI industry

Zijin Gold International Debuts in Hong Kong with $3.4 Billion Valuation as Gold Rally Fuels Mining IPOs

Zijin Gold International Ltd. made a spectacular Hong Kong debut on Monday, soaring 64% on its first trading day and achieving a market capitalization exceeding HK 300 billion(US$ 38.5 billion), marking the city's second-largest initial public offering this year. The international gold mining arm of

Meituan Launches China's First Nighttime Drone Delivery Service in Shenzhen

Meituan, the leading Chinese technology and retail company, has recently launched a nighttime drone delivery service in the southern city of Shenzhen. The move marks the first time in China that unmanned aerial vehicles (UAVs) have been deployed for nighttime commercial deliveries in the instant retail sector, according to the

NavInfo to Become Top Shareholder in PhiGent Robotics in $253 Million Deal to Boost Self-Driving Tech

Beijing NavInfo is set to become the largest shareholder in autonomous driving software firm PhiGent Robotics Limited through a RMB 1.8 billion (US$253 million) deal, a strategic move aimed at capturing the high-end segment of the booming intelligent vehicle market. The transaction combines a direct cash investment