BYD’s discount promotion means its lowest-priced model, the Seagull with assisted driving features, starts at RMB 55,800 (USD ...

Manus has launched an AI-powered tool that turns user prompts into tailored, ready-to-edit slide decks. Designed for use cases from keynotes to classrooms, the tool supports real-time editing and ...

The startup is building bots that prioritize emotional presence over technical perfection, hoping that’s what wins over ...

Kuaishou’s Kling AI surpassed a USD 100 million annualized run rate in March 2025, just ten months after launch. Monthly subscription bookings topped RMB 100 million in both April and May. The latest ...

Chinese energy financing in Africa has dropped 85% since 2015, steering the continent toward private capital and clean energy, according to the IEA. Public and DFI funding fell to USD 20 billion in ...

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 ...

FountainVest Partners plans to sell half its stake in Amer Sports for about USD 1.3 billion, reducing its holdings to 6.2%. The Chinese firm joined Anta, Tencent, and Chip Wilson in the 2018 ...

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.

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 ...