News

BYD’s discount promotion means its lowest-priced model, the Seagull with assisted driving features, starts at RMB 55,800 (USD ...
China Renaissance disclosed it invested in Circle in 2018 through its Huaxing New Economy Fund, as shares in the USDC issuer surged 168% on their New York debut. The stake, likely under 5%, reflects ...
The startup is building bots that prioritize emotional presence over technical perfection, hoping that’s what wins over ...
Builder.ai filed for Chapter 7 bankruptcy in Delaware after creditors seized most of its cash. Once valued at USD 1.5 billion, the Microsoft-backed firm had overstated 2024 sales by 300% and was ...
Talent New Energy has unveiled its "cold core" battery technology to improve fast charging and thermal management in cylindrical EV cells. Its 4695 and 50190 series support 6C charging, reaching 80% ...
Since then, demand for faster charging has grown across the EV industry. Batteries rated for 4C, 6C, and even 12C charging ...
Didi posted a Q1 2025 profit of RMB 2.4 billion, nearly tripling YoY, driven by operating efficiency gains and a 22.5% rise in platform sales. Adjusted EBITDA more than doubled to RMB 3.1 billion.
Consumer group BEUC has filed a complaint with the European Commission accusing Shein of using “dark patterns” to drive excessive consumption. The fast fashion company allegedly deploys countdown ...
Power prices in China’s industrial provinces have fallen to regulatory floors as coal costs plunge and renewable energy floods the grid. Jiangsu’s rate dropped 24% YoY while Guangdong saw an 8.3% cut, ...
Singapore’s Temasek is cutting exposure to early-stage startups, with 2024 commitments dropping to USD 509 million from USD 4.4 billion in 2021. The pullback follows rising interest rates and ...
Marubeni has signed its first long-term deal to purchase green ammonia from China’s Envision Energy, sourcing from an Inner Mongolia plant set to start commercial output in late 2025. The Japanese ...