One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company wo…
Days after a rival Chinese lab shook Silicon Valley, Alibaba has fired back. The company previewed Qwen3.8, its most powerful model yet, and made a bold claim: it trails only one model on Earth. Alibaba unveiled the model at the World Artificial Intell…
China’s passenger car sales fell 20.2% in the first half of 2026 to 8.7 million units, and the China Passenger Car Association has lowered its full-year forecast to a 14% decline, projecting 20.4 million deliveries, down from a record 23.7 million in 2…
Alibaba’s AliExpress has been hit with a €550 million ($629 million) fine from the European Union. Brussels says the Chinese shopping platform failed to keep illegal, unsafe and counterfeit products off its site. The penalty, announced on Monday, is th…
Moonshot AI has a problem most startups would envy. Its new Kimi K3 model proved so popular that it ran out of computing power to serve everyone. So the Chinese lab has hit pause on new sign-ups. Over the past 48 hours, demand “pushed close to the limi…
The machines are now hacking each other. Hugging Face, the world’s largest hub for open AI models, says an autonomous AI agent broke into its production infrastructure. Its own AI defences spotted the intrusion and picked it apart. The company disclose…
The Geo Metro has reached legendary status among hyper-milers and fuel efficiency fans, and if the rumors are to be believed, it could be getting a spiritual successor in the form of a Chevy-badged Wuling Bingo EV for global markets.
Moonshot AI has told investors it is preparing to list in Hong Kong in as soon as six months, Bloomberg reported on Saturday. The company has distributed a shareholder resolution seeking backing for the IPO and is wrapping a fundraising round that may …
GM thinks its newest Starlight L PHEV SUV could be China’s best value hybrid, offering 260 km (~160 miles) of all-electric range, spacious six-passenger seating, and a modern technology package at an affordable price. And it’s exactly the kind of vehic…
![LiuGong brings electric heavy equipment options to North America [video]](https://electrek.co/wp-content/uploads/sites/3/2026/07/liugong_main.jpg?quality=82&strip=all&%23038;w=1600)
This week, Chinese equipment brand LiuGong officially launched its battery-electric equipment and material handling asset portfolio in the United States and Canada, making it easier than ever for construction and forestry crews to decarbonize their fle…