Zeekr’s Origins: Innovation by Design Zeekr is a bold new player that reflects China’s growing influence in the premium EV world. Launched in 2021 as a standalone luxury EV brand under Geely Holding Group—the same company behind Volvo, Polestar, Lotus, and Lynk & Co. Built on Geely’s latest “Sustainable Experience Architecture” (SEA) platform, designed for…
TOKYO — China’s retail sales expanded more than expected in May, boosted by holiday spending at the beginning of the month and the early start of the “618” online shopping festival. The gauge of household spending rose 6.4% last month, the fastest pace since December 2023, according to data published by the National Bureau of…
(Reuters) — China’s Huawei Technologies is preparing to test its newest and most powerful artificial intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia, The Wall Street Journal reported on Sunday. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D,…
SYDNEY — Noveon Magnetics in Texas has been fielding daily calls since early April. As China clamps down on exports of seven key rare-earth elements and the high-performance magnets they are used to make, would-be buyers are urgently seeking alternatives. Source link
GUANGZHOU/TOKYO — Chinese drone maker EHang is preparing to launch a commercial air taxi operation within the year, which could make it the first company in the world to do so. “In 2025, we’ll open tour routes for aerial sightseeing in Guangzhou, Guangdong province, and in Hefei, Anhui province,” EHang Vice President He Tianxing told…
SYDNEY/SHANGHAI — China’s rapid rollout of solar and wind power generation is driving investment in energy storage systems, and the vanadium redox flow battery (VRFB) is emerging as a key technology. Australian chemical engineer Maria Skyllas-Kazacos always knew that one day the innovation that she and her team at the University of New South Wales…
NEW YORK — Chinese battery makers are targeted for new restrictions in the U.S. under legislation that would bar the Homeland Security Department from procuring clean energy technology made by six companies. The House of Representatives passed the “Decoupling from Foreign Adversarial Battery Dependence Act” last week. The bill advances to the Senate, where it likely…
HONG KONG — Excitement is mingling with skepticism as Chinese tech companies that hope to be seen as “the next DeepSeek” roll out one artificial intelligence breakthrough after another. In one of the most recent examples, early access codes for Manus AI are reportedly changing hands for thousands of dollars amid a frenzy of online…
BARCELONA, Spain — China’s leading smartphone maker Honor Device on Sunday said it will invest $10 billion over the next five years to accelerate the company’s artificial intelligence developments. Honor CEO James Li Jian unveiled the initiative, dubbed the Alpha plan, to turn the company into an all-out AI solutions provider, with visions of building more…
TOKYO — Asia funds and U.S. investors are rotating capital into Chinese tech stocks, analysts say, driving a rally set off by the AI chatbot DeepSeek and support for the private sector by China’s president. The Hang Seng Tech Index, a gauge of the top tech companies listed in Hong Kong, has surged more than…