BYD launches China's first 4nm autonomous driving chip
BYD has unveiled the Xuanji A3, a 4nm autonomous driving chip delivering 700 TOPS of computing power and designed to support Level 3 and Level 4 autonomy.
BYD launches "flash-charging" model and expands global charging network
BYD is bringing a premium hybrid SUV to market with flash-charging technology that adds 400 km of range in 5 minutes, priced at 350,000 yuan.
New energy vehicles now account for 56.9% of all new car sales in China
New energy vehicles now account for 56.9% of all new car sales in China, with 1.496 million units sold in May 2024 — a 14.4% year-on-year increase. Traditional combustion engine passenger vehicle sales fell 41.
Alibaba launches first AI model suite for robots through Tongyi Lab
Alibaba's Tongyi Lab has released the Qwen Robot Suite, the company's first purpose-built set of AI models for robotic applications.
Beijing gives local governments and SOEs less than six months to prove humanoid robots work
China has launched a nationwide programme to push humanoid robots and embodied AI into factories, warehouses, and hospitals. Local governments and state-owned enterprises have been given a sub-six-month window to demonstrate the technology's viability in real operational settings.
Chinese universities cut 12,000 degree programmes to meet AI era demand
Beijing has eliminated roughly 12,000 degree programmes from Chinese universities since 2021, replacing them with technology-focused courses aligned to state-designated 'future industries'.
China Southern completes first C919 C-check as European regulators watch
China Southern Airlines finished the first C-check of its C919 fleet at the end of May, 3 years after the aircraft entered commercial service with China Eastern Airlines.
SAIC Motor to build first European EV plant in Galicia, Spain
The Galicia regional government has announced that SAIC Motor will invest €200 million to build its first electric vehicle manufacturing plant in Europe, creating more than 2,300 local jobs. Chinese automakers are shifting production capacity westward as domestic sales fall sharply.
Baidu Apollo Go secures Level 4 robotaxi permit in Switzerland with PostBus
Baidu's Apollo Go has received a Level 4 autonomous driving permit from Swiss federal regulators to operate its AmiGo robotaxi service across 80 km² in eastern Switzerland.
China NEV Penetration Hits Record 62.5% as Infrastructure Buildout Accelerates Recovery
China's NEV market is pushing toward a record 62.5% retail penetration rate in May, even as year-on-year sales volumes remain negative—a divergence that reveals a structural shift rather than a cyclical rebound.
China and US Chip Makers Split on How to Scale AI Silicon
Two parallel chip strategies are hardening simultaneously — Western players pushing panel-level packaging for efficiency gains, while Chinese firms race to architect their way around sanctions — and both movements produced concrete hardware announcements in the same week.
Yuan's Parallel Financial Architecture Gains Credibility Across Five Fronts Simultaneously
Citic Securities became the first mainland Chinese brokerage to breach Fitch's A-category ceiling, while Ant International embedded Chinese fintech infrastructure into Mexico's payment system — two events that, taken together, signal Beijing's yuan internationalisation push is graduating from…