Zhejiang targets 95% EV adoption for new buses and taxis in 2026
The policy calls for public-sector buyers to prioritize new-energy and methanol-powered vehicles across public transit, sanitation, driving schools and postal delivery fleets.
Month: May 2026
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Xynova unveils upgraded robotic hand, betting on hybrid structure
Xynova is currently ramping up production at a new facility and expects annual capacity to exceed 10,000 high-degree-of-freedom robotic hands and 200,000 micro linear actuators by the end of 2026.
Alibaba’s AI revenue tops 30% of cloud business for first time
Alibaba Cloud’s external commercial revenue rose 40% during the quarter, the fastest pace in nine quarters.
Fashion tech startup Style3D automates 3D garment design with AI agent
Designers can now input prompts for automatic stitching, one-click try-ons, and other advanced operations.
Zhejiang trade hits record as machinery, high-tech exports grow in Jan-Apr
Exports of mechanical and electrical products — Zhejiang’s largest export category — rose 5.9% to 661.8 billion yuan, accounting for 47.4% of total outbound shipments.
AI video startup Seekoo secures Series A funding for global expansion
Characterized as the video edition of the AI code editor Cursor, Anijam.ai supports production of high-definition videos ranging from five to 20 minutes in length.
AIoT pioneer Tuya doubles down on AI as Q1 revenue, profit climb
This new position is underpinned by a broader strategy to embed AI across its hardware and software offerings.
Alibaba debuts AI shopping assistant for merchants ahead of 618 sales push
The new system marks what Alibaba described as the e-commerce industry’s first customer service agent capable of completing operational workflows rather than simply answering questions.
DingTalk rolls out AI education suite as schools deepen digital shift
The new education platform, introduced under Alibaba’s enterprise AI unit Wukong, integrates AI into four core areas of campus operations: teaching, research, student services and administration.
Eagle Cloud bags Series B funds as AI agents reshape cybersecurity
“Companies are no longer asking whether AI can be deployed,” founder and CEO Hu Min said. “The real question is whether AI can be turned into productivity safely, reliably and sustainably.”