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CBI

China’s EV Battery Swapping Sector Sees 2025 Surge as CATL and Nio Accelerate Network Expansion

China's battery swapping industry has entered a "golden age" of rapid expansion in 2025, driven by surging electric vehicle (EV) demand and aggressive infrastructure rollouts. The sector is rapidly shifting from isolated pilot projects to a standardized, mass-market adoption phase, fundamentally reshaping the refueling ecosystem

China’s Tech Giants Ignite Rider Bidding War as $13.8 Billion Subsidy Push Yields Mixed Results

China's e-commerce and local services titans are escalating their battle for market share by aggressively poaching delivery personnel, signaling that the high-stakes contest for logistics supremacy is shifting from consumer subsidies to labor retention. In Beijing, Meituan has launched targeted incentives, offering one-time bonuses of

Moonshot AI Valued at US$4.3 Billion, Pivots to Overseas Growth Amid Cash-Burn Fatigue

Moonshot AI has secured substantial new funding and shifted its strategy away from costly domestic user acquisition wars, signaling a critical maturation point for China’s artificial intelligence sector. By prioritizing foundational model capabilities and cultivating an overseas developer ecosystem, the startup aims to forge a sustainable growth path distinct

Sanhua Intelligent Controls Pivots from ACs to EVs, Securing Key Role in Tesla Supply Chain

Sanhua Intelligent Controls, a Zhejiang-based manufacturer, has successfully transitioned from a traditional home appliance parts maker to a critical player in the global electric vehicle (EV) and emerging humanoid robot supply chains. By leveraging decades of expertise in thermal control valves, the company has secured a dominant position as

Xiaomi Founder Lei Jun Defends YU7 Quality in Live Teardown as 2025 Deliveries Beat Targets

Xiaomi founder Lei Jun conducted a live public dismantling of the company’s YU7 SUV to address quality concerns, directly countering recent online criticism while simultaneously announcing that the electric vehicle maker significantly outperformed its delivery targets for 2025. During the broadcast on Saturday, Lei and Xiaomi engineers disassembled a

Biren Technology Surges in Hong Kong Debut, Marking 2026’s First Major Tech IPO

Chinese graphics processing unit (GPU) developer Biren Technology listed on the Hong Kong Stock Exchange on Thursday, opening with a surge that pushed its market capitalization past HK$100 billion. As the first significant initial public offering of 2026, the listing marks a pivotal moment for China’s domestic computing

Shangwei New Material Debuts 0.8-Meter Humanoid Robot to Target Consumer Market

Shangwei New Material has officially entered the personal robotics sector with the launch of the "Qiyuan Q1," the world's first small-scale humanoid robot featuring full-body force control. Standing at just 0.8 meters tall, the device was unveiled by Chairman Peng Zhihui, known in

ChinaBiz Briefing: Tech Giants Pivot to Robotics at CES & Pop Mart’s Hype Cycle Crashes

Today’s briefing highlights a decisive shift in Chinese tech: aggressive hardware innovation abroad contrasted with a cooling consumer fad at home. While Chinese firms prepare to flood CES 2026 with high-end robotics and display tech, toy giant Pop Mart faces a market correction as speculative frenzy around its

Global Automakers Pivot to Localized Tech to Reignite China EV Share in 2026

International automakers operating in China are undergoing a strategic pivot toward a "Joint Venture 2.0" model, deeply integrating local technology and supply chains to reverse a multi-year decline in market share. After a period of stagnation between 2024 and 2025, legacy brands are projecting 2026 as

Xiaomi Reportedly Plans Four New Models for 2026, Including Extended-Range SUVs

Recent media reports suggest that Xiaomi, the Chinese smartphone giant turned electric vehicle manufacturer, is accelerating its product roadmap with plans to launch four new vehicle models in 2026. This potential expansion indicates a significant strategic shift towards diversifying its portfolio beyond pure electric sedans to capture a broader share