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nypost.comLululemon issued a Weibo apology more than two weeks after a May 30, 2026, Great Wall promotional event featured a Japanese taiko drum instead of a Chinese dagu drum. The video drew over 50 million views. The company faces prior quality issues, a 2026 stock decline of 50 percent,…
Ferrari introduced its first electric car, the Luce, earlier this week. The $640,000 five-seat model drew online criticism and a 6% share price decline. Company executives said the vehicle targets existing EV owners, with China identified as a key market.
teslarati.comTesla announced that its supervised Full Self-Driving software is now available in China. Nvidia said its technology will support Uber robotaxis in nearly 30 cities across four continents by 2028.
CnbcNvidia CEO Jensen Huang stated that the company has largely conceded the Chinese AI chip market to Huawei. The comments came during an interview on CNBC's Squawk on the Street.
BenzingaLi Auto introduced a new six-seat electric SUV priced at 459,800 to 509,800 RMB. BYD and XPeng are shifting focus to European markets after slower sales in China. Waymo and Blink Charging also reported developments during the week.
cnet.comA senior executive from the U.S. electric vehicle maker was seen at Beijing’s Grand Hyatt Hotel. The company considers China one of its largest and most important markets. The sighting comes as the company continues to increase its operations in the country.
Nvidia CEO Jensen Huang stated that the company's market share in China has dropped to zero due to ongoing U.S. export restrictions. The company reported $19.67 billion in revenue from China for fiscal year 2026 but anticipates none in the first quarter of fiscal 2027. President…
A Mercedes executive cited the EV CLA model's niche positioning as the reason for its soft demand in China. The executive noted that this limits broader market reach. No details were provided on upcoming models expected to boost sales.
swissinfo.chA Roche executive indicated positive developments in the company's China operations. The diagnostics segment is expected to perform better in the second half of 2026 compared to the first. This outlook highlights ongoing progress in Roche's key markets and business segments.
Volkswagen announced it will incorporate AI agents for voice control of car features in its vehicles in China. The technology draws from local firms like Tencent, Alibaba and Baidu, using a locally trained model that runs on the car. The move aligns with increased R&D localizatio…
Substrate placeholder — needs reviewTesla has made its larger Model Y L available in 13 markets, including key Asian countries. Separately, Australia's Treasury Wine shares surged 17% driven by strong demand from China and a new regional structure. These developments highlight growing business opportunities in the…