Tesla sold 381,088 cars to Chinese buyers through the first nine months of 2026, down 11.9% from last year, according to CPCA data. Over the same period, Giga Shanghai’s exports more than doubled to 361,972 vehicles.
Nearly half of what Tesla builds…
Tesla has stopped taking orders for the Model 3 Premium in Canada, the Shanghai-built trim that brought the electric sedan down to $39,490 CAD. The automaker says it has used up its import quota for Chinese-made EVs and doesn’t expect to reopen orders …
Broadcom chief executive Hock Tan compared many AI investors to gamblers who have little idea what they are betting on. He spoke on Monday at the DBS Asia Future Forward Conference in Singapore, Bloomberg reported. “A lot of investors have no clue what…
Alibaba has started selling its new Qwen Glasses N1 smart glasses in China, at prices from 2,999 yuan ($450) before discounts, Bloomberg reported from a launch event in Hangzhou on Tuesday. Several Chinese outlets put the starting price slightly lower,…
Visa has won approval to start preparing a domestic bank card clearing business in China, the company said on Tuesday. The People’s Bank of China approved its “Application to Prepare”, which lets Visa begin formal preparations. It does not yet let Visa…
AITO will start selling cars in Europe in the fall of 2027. The Chinese luxury SUV brand, built by Seres with Huawei’s technology, confirmed the timing at the Paris Motor Show today, where it showed the AITO 9, 8, 7, and 6.
AITO sold 426,000 vehicle…
DeepSeek has agreed to lead the first funding round for Winverse AI, a start-up building AI for robots, Bloomberg reported, citing people familiar with the matter. The seed round is worth tens of millions of dollars and would value Winverse at about $4…
TikTok chief executive Shou Chew expects AI to deliver a major scientific breakthrough within two to three years. He named physics, biotech, chemistry and materials science. Chew spoke on Monday at DBS Bank’s Asia Future Forward Conference in Singapore…
Microsoft has released Microsoft-Decision-1, a small model that picks between fixed answer options instead of writing text. Microsoft built it on Alibaba’s open-weight Qwen3.5-9B and then post-trained it, according to the Foundry model card. Achint Sri…
China has agreed to moderate its exports of hybrid and plug-in hybrid cars to the EU, which EU trade commissioner Maroš Šefčovič said could cut them by more than half. He announced it on Friday in press remarks in Beijing, after the second round of EU-…