Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal challenge to a European government’s forced seizure of a Chinese-owned chipmaker. The dispute centres […]
BYD and Chery led a doubling of Chinese EV deliveries in April, even as Brussels keeps its tariff wall up and Stellantis quietly hands the keys to underused European plants. Chinese brands accounted for more than 15 per cent of Europe’s electric-vehicle sales in April, the first time the threshold has been crossed in a […]
US Marine Corps photo by Sgt. Jonathan Beauchamp
AMD CEO Lisa Su sat down with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, a meeting that underscores how US chipmakers are scrambling to protect their foothold in the world’s second-largest semiconductor market even as Washington tightens the screws on technology exports. He, a member […]
ECARX, the automotive technology company backed by Geely founder Li Shufu, has signed a strategic framework agreement with May Mobility to supply thousands of autonomy-enabled vehicles for the American robotaxi operator’s commercial fleet. The deal, valued at approximately $750 million, pairs a Chinese-founded hardware supplier with one of the few US robotaxi companies that has […]
The British bank’s new note estimates humanoid robots can offset 60% of the projected labour-force decline by 2035, with China’s workforce shrinking by 37 million people over the next ten years. Up to 24 million humanoids would be needed. Barclays published a research note estimating that China’s deployment of humanoid robots could offset as much […]
Somewhere in the wiring of the car you drove this morning, there is almost certainly a Chinese component. An airbag inflator. A windshield. A steering column bearing. According to global consulting firm AlixPartners, more than 60 US-based auto suppliers are now owned by Chinese companies, making everything from axles to electronic control units for […]
For years, buying something online in China meant typing keywords into a search bar and scrolling through an endless grid of listings. That ritual is being dismantled. On Monday, Alibaba Group integrated its Qwen artificial intelligence assistant with Taobao, its largest marketplace, giving the chatbot access to a catalogue of more than four billion products. […]
