BIBO steers into funding lane as smart chassis race heats up
The company plans to step up investment in electro-mechanical braking (EMB), as easing regulations and new model launches position 2026 as a key year for commercialization.
Year: 2026
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Senpure loses its aroma as instant tea cools, brews early rebound
A key pressure point is the rapid expansion of freshly made tea drinks. China now has more than 400,000 such outlets, with chains like Mixue Bingcheng operating about 53,000 stores.
Hangzhou district moves to turn ‘China Compute Valley’ vision into reality
By 2035, officials expect the district’s AI industry revenue to surpass 100 billion yuan ($14.6 billion), forming the backbone of the envisioned hub.
Zhejiang launches nuclear unit, expands mixed-ownership model
Once fully completed, the plant is expected to generate more than 54 billion kilowatt-hours of electricity annually—enough to meet the needs of over 5 million people.
Geely posts record quarterly revenue in Q1, profit growth outpaces sales
Looking ahead, Geely plans to launch more than 10 new models and technology upgrades in the second quarter.
Qwen adds 119-language image translation, eyes travel use cases
The update allows users to upload photos and receive translations directly overlaid onto the original image, preserving layout and formatting.
Alibaba Cloud leads China auto cloud market with 42% share, IDC says
Alibaba Cloud has been positioning itself as a full-stack provider, combining cloud infrastructure with AI services centered on its Qwen models and in-house chips developed by Pingtouge.
Unitree opens first direct retail store in Beijing as robot showrooms expand
The outlet, located at the Intime In88 Mall in Wangfujing, an area teeming with shopping malls, began operations on April 29.
Alibaba academy develops CT-based AI model for colorectal cancer screening
The system uses a two-stage deep learning architecture combined with hybrid supervised learning to identify early tumors smaller than three centimeters.
Hangzhou robotics event tests autonomous inspection skills
Teams are required to use Unitree Robotics’s Go2 robots to navigate the course, completing a sequence of movements, object transfers and identification tasks without failure.