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Robotaxi partnerships speed up global growth

Schoolchildren take a tour in Baidu robotaxis in Chongqing on June 1. CHEN SHICHUAN/FOR CHINA DAILY The global robotaxi market is poised for rapid growth as strategic alliances between major technology companies and automakers move forward, propelled by advancements in autonomous driving technology. Uber and Baidu plan to launch robotaxis on the ride-sharing platform in…

China Unicom announces big AI computing strategy

China Unicom’s booth in its partner conference in Shanghai. [Photo provided to chinadaily.com.cn] China Unicom unveiled a big plan to accelerate the company’s intelligent computing infrastructure, including exploring a 100,000-GPU cluster deployment and targeting 45 EFLOPS of computing power, by the end of 2025. EFLOPS is a unit of the speed of computer systems and…

Chinese business group urges fairness in EU tariff measures on EVs

BRUSSELS — A delegation from the automotive working group of the China Chamber of Commerce to the European Union (CCCEU) has urged EU officials to ensure fair market access for Chinese electric vehicle (EV) manufacturers. During discussions with European policymakers on Tuesday and Wednesday, representatives from the CCCEU’s automotive working group voiced concern that external…

Guangzhou shipyard delivers 7,000-car PCTC

A new dual-fuel pure car truck carrier (PCTC) was delivered for use on Wednesday in Guangzhou’s Nansha district, Guangdong province. [Photo by Peng Yonggui for chinadaily.com.cn] A new dual-fuel pure car truck carrier (PCTC) was delivered for use on Wednesday in Guangzhou’s Nansha district, Guangdong province, providing new guarantee capabilities for Chinese car brands to…

Toyota’s EV plant in Shanghai has big plans

Visitors take pictures of the Toyota bZ7 at 2025 Auto Shanghai on April 23. [Photo by Cao Yingying / chinadaily.com.cn] In less than five months, a wholly owned electric vehicle plant of Japanese automaker Toyota launched construction in Jinshan district, Shanghai, after the initial cooperative framework, demonstrating the Chinese economic hub’s attractiveness for international investment…

BMW, Momenta to develop China-specific smart driving solution

Momenta has become BMW’s latest local partner as the German carmaker seeks to sharpen its competitive edge in the competitive Chinese market. [Photo provided to chinadaily.com.cn] BMW is stepping up its localization strategy in China’s fast-evolving intelligent driving market by partnering with local autonomous driving startup Momenta. The German carmaker announced on Tuesday that it…

AI powers BMW’s vision for high-quality smart manufacturing

Franz Decker, president & CEO of BMW Brilliance Automotive, speaks at the 5th China Automotive Quality Technology Conference on July 17, 2025. [Photo provided to chinadaily.com.cn] As the automotive industry undergoes a digital and electrified transformation, BMW is setting new benchmarks for high-quality intelligent manufacturing at its Shenyang production base, driven by advanced artificial intelligence…

Global banks, institutions optimistic on China growth

Major global banks and institutions raised their forecasts for China’s economic growth this year following the country’s stronger-than-expected first-half performance, reflecting their confidence in the world’s second-largest economy despite persistent external challenges. Foreign institutions, including Morgan Stanley, Goldman Sachs, UBS and Nomura, upgraded their full-year GDP growth estimates for China, which are closer to the…

Catalytic measures elevate market vitality

A drone photo shows an electric vertical take-off and landing aircraft performing a flight demonstration at a park in Hefei, Anhui province. ZHOU MU/XINHUA At Hefei’s urban air mobility hub, the rotor blades of an electric vertical take-off and landing (eVTOL) aircraft hum to life before it glides smoothly into the summer sky. Known as…

Tesla expands into China’s grid market

The economic and financial colossus of Shanghai is set to face winter power demand peaks with greater ease and at lower costs, as the first phase of Tesla’s grid-side energy storage project is scheduled to begin operating within the year, according to a senior executive with the US electric vehicle maker. With a total investment…