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Why Does Battery Giant CATL Make More Money Than China’s Automakers?

What Is This About? Every time CATL — the world's largest EV battery maker — releases earnings, China's automakers wince. Headlines declare that CATL's profits exceed those of seven leading carmakers combined, or that automakers are essentially "working for their battery supplier." The numbers

Baidu Takes DuMate Into 55 Million Homes as the AI Agent Race Moves to Hardware

Baidu is embedding its flagship AI agent directly into consumer hardware, using its Xiaodu smart device ecosystem to plant DuMate inside more than 55 million Chinese households — a strategic maneuver that reframes the AI competition from cloud-based user metrics to physical-world penetration. At the Baidu AIDAY·2026 Xiaodu

Li Auto Adds CALB as Its Third Battery Supplier to Strengthen Supply Chain Control

Li Auto is expanding its battery supply chain by bringing in a third supplier, a move that signals the electric vehicle maker's intensifying push to reduce costs and secure component availability amid fierce competition in China's auto market, according to an exclusive report by Chinese tech

DeepSeek’s V4.1 Flash Tests Whether a Cheaper Model Can Replace Pro

DeepSeek quietly opened a 48-hour developer stress test of V4.1 Flash on Sept. 8, signaling the most architecturally ambitious update in the V4 lineage — and raising a pointed question it asked testers directly: can a Flash-priced model make V4 Pro obsolete? The Hangzhou-based AI lab pushed

ChinaBiz Briefing | Huawei's Comeback Chip, ByteDance's World Model, Xiaomi's Full Stack

China's technology sector delivered one of its most consequential single-day dispatches of 2026 on September 7–8, with six major developments spanning semiconductors, spatial AI, EVs, humanoid robotics, and capital markets. Taken together, the day's news sketches a coherent strategic portrait: Chinese technology companies are

China’s EV Upstarts Face a New Test: Who Can Afford the R&D Race?

Cash reserves and development spending data from first-half 2026 filings expose stark divergences in financial durability and strategic focus among China's five leading new-energy vehicle challengers. Li Auto sits atop the cash pile with RMB 87.5 billion (US$12.15 billion) in liquid reserves, yet

XPeng Takes Humanoid Robots From Prototype to Production With an 80%-Automated Line

0:00 /2:27 1× XPeng activated its dedicated humanoid robot production line on September 8, becoming the first Chinese automaker to complete a full "R&D-to-mass-production" cycle for a general-purpose humanoid robot — a milestone that shifts the industry's competitive axis

Moore Threads’ 20% Plunge Exposes a Broader Reckoning in China’s GPU Stocks

A RMB 5 billion (US$694 million) single-day market cap wipeout at Moore Threads has exposed a structural fault line running through China's entire listed GPU sector: astronomical price-to-sales multiples built on pre-commercial revenues are colliding head-on with an accelerating unlock calendar. On

Xiaomi’s Full-Stack Bet Takes Shape as Xring Chips Expand Across Its Hardware Ecosystem

Xiaomi deployed its most ambitious product offensive to date on September 7, launching three proprietary chips, two flagship devices and four new vehicles simultaneously — a coordinated push that signals the company has moved from building individual hardware to engineering a vertically integrated technology stack. The autumn event in Beijing marked

ByteDance Takes Seedance Into World Models as It Challenges Meta in Spatial AI

Zhang Yiming personally oversees a spatial video AI that could redraw the competitive map in VR hardware, cloud computing, and autonomous systems — backed by a $30 billion war chest. ByteDance is preparing to release a generative AI world model capable of producing interactive, real-time spatial video environments as early