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From sci-fi to factory floors: Humanoid robots at the crossroads of technology, capital, and ambition

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Li Auto to mass produce M100 chip in 2025

just now
LatePost
Li Auto plans to start mass producing its M100 autonomous driving chip this year while continuing to equip current models with chips from Nvidia and Horizon Robotics. CTO Xie Yan is leading a co-optimization strategy aimed at boosting efficiency and reducing reliance on external suppliers. Executives said in-house chips tailored to Li Auto’s algorithms will improve both performance and cost competitiveness.

Dreame to debut luxury EV in 2027

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IT Zhijia
Dreame has announced it plans to enter the EV market, starting with a luxury car model set to debut in 2027. Positioned against the Bugatti Veyron, the car will feature a proprietary AI-driven companion system that learns driver habits and emotions, and cross-ecosystem connectivity with smart devices. A team of nearly 1,000 is reportedly developing the project.

Nvidia weighs bringing Blackwell chips to China

just now
CNBC
Nvidia CEO Jensen Huang said there is a “real possibility” of bringing the company’s Blackwell AI processors to China, pending US export approvals. He added that China’s AI market could grow 50% in 2026, calling it a USD 50 billion opportunity.

CATL debuts Tener Stack in South America

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CATL
CATL has debuted the Tener Stack, a massive energy storage system, at this year's Smarter E South America expo. Engineered for Brazil’s grid and the region’s varied climates, the system combines high capacity with transport and safety innovations. CATL is also deepening its presence with regional teams across South America and a new office opening in Chile in September.

Free Fire outpaces rival titles in US spending

just now
Bloomberg
Free Fire, a title managed by Sea’s Garena arm, surpassed Call of Duty: Mobile in US gamer spending in July, ranking as the top-grossing mobile shooting game. Circana credited tie-ins with Naruto Shippuden and Netflix’s Squid Game for boosting sales.

XtalPi reports record growth, first H1 profit

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XtalPi
XtalPi reported H1 2025 revenue of RMB 517 million, up 404% YoY, and adjusted net profit of RMB 141 million, its first half-year profit. Revenue growth was driven by a 615% surge in drug discovery solutions, milestone collaborations such as a USD 51 million deal with professor Gregory Verdine, and advances in AI- and robotics-enabled R&D platforms.

Musinsa, Anta form joint venture

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Musinsa
Musinsa has partnered with Anta Sports to launch a joint venture to expand the South Korean fashion platform into the Chinese market. Musinsa will hold 60% and Anta 40%, with the venture overseeing both online and offline expansion. The deal is expected to close by September, pending regulatory approval.

Innovent expands portfolio, lifts H1 profit

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Innovent Biologics
Innovent Biologics reported H1 2025 revenue of RMB 5.95 billion, up 50.6% YoY, and net profit of RMB 1.21 billion. The company expanded its portfolio to 16 drugs, including three new oncology launches, advanced global pipeline trials, and reaffirmed its target of RMB 20 billion product revenue by 2027.

Alibaba Cloud releases Wan2.2-S2V

just now
SCMP
Alibaba Cloud has launched Wan2.2-S2V, the newest variant of its open-source AI model that creates expressive character videos from static images and audio. The tool supports multi-character scenes, high-definition output, and is available on Hugging Face, GitHub, and ModelScope.

Xpeng debuts new P7 sedan in China

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Xpeng
Xpeng has launched the new P7 electric sedan in Guangzhou, offering four editions priced RMB 219,800–301,800. Built on an 800-volt platform with 5C charging and up to 820 kilometers of range, the EV features Xpeng’s Turing chips and VLA (vision-language-action) model for advanced driving assistance.

Tuya posts Q2 growth, announces payout

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Tuya
Tuya reported Q2 2025 revenue of USD 80.1 million, up 9.3% YoY, with net profit rising to USD 12.6 million from USD 3.1 million. Gross margin held at 48.4% and operating margin turned positive at 1.4%. The board declared a USD 0.054 cash dividend per share or ADS, totaling about USD 33 million and payable in October.

Galbot powers G1 robot with Nvidia’s Thor

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Galbot
Galbot has chosen to integrate the Nvidia Jetson AGX Thor into its G1 Premium humanoid robot. The upgrade will reportedly deliver faster reasoning, smoother motion, and up to 7.5 times more AI compute than the previous generation, supporting its commercial deployments across retail, healthcare, logistics, and pharmacy networks in China.

DeepRoute.ai launches IO 2.0 platform

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DeepRoute.ai
DeepRoute.ai has launched IO 2.0, a smart driving platform powered by its VLA (vision-language-action) model, offering “human-like driving experiences for everyday users.” The system supports LiDAR and vision-only setups and will debut on Nvidia Drive AGX Thor. With five OEM partnerships secured, the first vehicles are slated to hit the market later this year.

Rong360 names Amy Zhang as global CFO

just now
Cyzone
Rong360 has appointed Amy Zhang, a former senior finance executive at Alibaba and ByteDance, as global CFO. She will oversee finance, tax, and capital planning for Rong360 and NYSE-listed subsidiary Jianpu, and serve on the management committee to support strategic and operational decisions during the group’s ongoing transformation.

Meituan Q2 profit tumbles on costs

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Meituan
Meituan reported Q2 2025 revenue of RMB 91.8 billion, up 11.7% YoY, but profit plunged to RMB 365 million from RMB 11.4 billion. Adjusted net profit dropped 89% to RMB 1.5 billion as rising courier incentives and overseas expansion costs squeezed margins.

Zhihu posts Q2 profit while revenue falls

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Zhihu
Zhihu reported Q2 2025 revenue of RMB 716.9 million, down from RMB 933.8 million a year earlier, but swung to net income of RMB 72.5 million from a RMB 80.6 million loss. Adjusted net income was RMB 91.3 million, and gross margin improved to 62.5% on AI-driven efficiency gains and lower operating costs.

BYD ships Thai-made EVs to Europe

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The Business Times
BYD shipped 900 EVs from its Rayong plant in Thailand to Belgium, Germany, and the UK on August 25, marking the factory’s first export to Europe. The move fulfills Thai incentives requiring local production after earlier EV import tax breaks and underscores Thailand’s role as BYD’s key overseas hub.

Xiaohongshu adds shopping tab to app

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IT Zhijia
Xiaohongshu is testing a new tab on its app's home screen, offering live stream shopping and product notes in a two-column feed. The company said the feature reflects its focus on lifestyle-driven e-commerce, aiming to guide purchase-ready users into a focused shopping environment while giving merchants new opportunities for growth.

Keep posts profit in H1 on AI shift

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Sina
Chinese fitness app operator Keep reported RMB 822 million in revenue and adjusted net profit of RMB 10.35 million in H1 2025, reversing a RMB 167 million loss a year earlier. Gross margin improved to 52.2% as the company doubled down on AI-driven services and streamlined low-margin fitness equipment to focus on higher-value products.

Anta, Li-Ning deny Puma talks

just now
Sina
The Pinault family is reportedly weighing options for Puma, including a potential sale, and has consulted advisers while approaching US sportswear firms and Middle Eastern sovereign wealth funds. Anta declined to comment, while Li-Ning denied involvement in talks, emphasizing its focus on its core brand strategy.
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