RoboSense joins Morgan Stanley’s global top 100 in humanoid robotics
Shenzhen-based RoboSense has been named in The Humanoid 100: Mapping the Humanoid Robot Value Chain, a global top 100 list of companies in the humanoi...
2025-07-12
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China’s NIO reportedly aims to make profit in Q4
Chinese electric vehicle maker NIO aims to turn a profit in the fourth quarter of this year and has taken various measures to cut costs and drive sale...
2025-07-12
Baidu Q4 financial report: AI Cloud revenue surges, offsets losses
On Feb. 18, Baidu released its fourth-quarter earnings report, showing a 2% year-over-year decline in overall revenue, totaling RMB 34.1 billion ($4.7...
2025-07-12
Geely-owned luxury carmaker Lotus apologizes following price cuts in China
A senior executive at Lotus Technology, the electric vehicle arm of British sports car brand Lotus, apologized Tuesday for the company’s failure to fu...
2025-07-12
Ant Group hires for development of embodied intelligence humanoid robots
Ant Group has recently begun hiring for roles in embodied intelligence humanoid robot systems and applications, with annual salaries of up to RMB 1 mi...
2025-07-12
Toyota sets up wholly-owned subsidiary for Lexus Shanghai plant
Toyota Motor Corporation has established a new wholly owned subsidiary in the eastern Chinese city of Shanghai, named Lexus (Shanghai) New Energy Co.,...
2025-07-12
Mercedes-Benz, Geely-owned EV brand Smart makes big push into Middle East
Smart has started selling battery electric vehicles in Lebanon and will soon enter Jordan in a partnership with auto dealer T. Gargour & Fils, the...
2025-07-12
Baidu CEO says robotaxi business ‘scale-up’ underway in 2025
Chinese technology giant Baidu will expand its autonomous ride-hailing business “faster than ever” and is seeking collaborative partners to multiply i...
2025-07-12
TuSimple closes Guangzhou gaming division and faces legal claims from employees
On Monday, TuSimple announced the shutdown of its Guangzhou gaming division and the initiation of a liquidation process. TuSimple, an autonomous drivi...
2025-07-12