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Pony.ai reported Q1 2025 revenue of USD 14 million, up 11.6% YoY, fueled by a 200% rise in robotaxi services and 800% growth in fare-charging revenue.…

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<a href="/company/pony-ai">Pony.ai</a> reported Q1 2025 revenue of USD 14 million, up 11.6% YoY, fueled by a 200% rise in robotaxi services and 800% growth in fare-charging revenue. Net loss widened to USD 37.4 million on scaling and IPO costs, with non-GAAP net loss at USD 28.4 million. The company expanded in China, launched fleets with Toyota, BAIC, and GAC, and began pilot ops in Seoul and Luxembourg.

Hong Kong plans to revise laws to allow broader testing of high-capacity drones, aiming to boost logistics and develop its low-altitude economy, deputy financial secretary Michael Wong said. The move builds on a sandbox initiative launched in 2024 and looks to mirror progress seen in mainland China.

China has issued draft rules on exporting automotive data, clarifying how assisted driving systems from companies like <a href="/company/tesla">Tesla</a> can legally transmit critical vehicle data abroad. The move may accelerate Tesla’s FSD rollout in China, where local approvals and partnerships have so far limited deployment.

Abu Dhabi-based AI firm G42 has launched a European unit in London to deploy <a href="/industry/ai">AI</a> solutions and partner with governments and industry on infrastructure projects. The move follows UAE tech investments across Europe and G42’s deepening collaboration with <a href="/company/nvidia">Nvidia</a> on advanced data centers.

<a href="/company/huawei">Huawei</a> has shipped more than 103 million smartphones and 21 million tablets running HarmonyOS, nearly half of them in 2024, according to Canalys. The proprietary OS now powers over one billion devices as Huawei pivots from US tech, expanding into PCs after losing access to Windows. While app ecosystem gaps remain, investment in developer support is growing.

The ASEAN rail corridor faces delays as customs hurdles and mismatched rail gauges disrupt cargo flows, stalling the express service months after launch. While Laos’ China-backed railway shows promise, reviving regional freight links will require unified standards and stronger cross-border cooperation. A Malaysia-led plan aims to cut shipping times and boost trade to USD 4.5 trillion by 2030.

<a href="/company/jd">JD.com</a> has revised its store rating rules, renaming the system and eliminating rank-based calculations. New assessment metrics include return rates and delivery performance, with logistics now carrying more weight. The updated ratings will influence store visibility, search placement, and access to marketing programs.

<a href="/company/huawei">Huawei</a> is expected to produce no more than 200,000 Ascend <a href="/industry/ai">AI</a> chips in 2025, a US official said on June 12, warning that China is closing the tech gap despite export controls. Most of the chips will go to Chinese buyers as Beijing ramps up AI investment to rival US firms like <a href="/company/nvidia">Nvidia</a>.

AstraZeneca and CSPC Pharmaceutical have signed a research deal worth up to USD 5.3 billion to co-develop oral therapies for chronic and immunological diseases. CSPC will lead discovery in China using AI-driven tools, while AstraZeneca gains global licensing rights. The partnership follows AstraZeneca’s USD 2.5 billion Beijing investment in March.

<a href="/company/baidu">Baidu</a> has launched an <a href="/industry/ai">AI</a> search service through its AppBuilder platform, combining real-time retrieval with generative summaries powered by its core engine. The tool supports multimodal, secure, and customizable data access for industries including finance, government, and tourism, with daily free quotas and tiered pricing.

Transsion’s Tecno has partnered with Spanish distributor MCR to roll out its AIoT product line, including laptops, gaming PCs, and smart wearables. The deal grants access to a 10,000-strong distributor network and advanced logistics, supporting Tecno’s push into the European market.

Chinese firms are forging a path to lead in robotics and embodied AI.

China Recap | Doubling down on embodied intelligence

Vicky is a senior reporter based in Hangzhou, covering news about Chinese companies expanding their footprints abroad.

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Ahead of its English-language site launch on June 30, Autohome introduced a slate of new AI tools to support global automotive supply chains.

Through AI, Autohome seeks to rewrite the global car buying playbook

CHENG Zi is based in China, covering technology and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Loaded with three Turing chips, Xpeng says the G7 packs nearly nine times the computing power of a standard dual Orin X configuration.

Is Xpeng’s G7 the new benchmark for assisted driving thanks to Turing silicon?

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Pony.ai's Q1 revenue up 12% on robotaxi growth

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China Recap | Doubling down on embodied intelligence

Through AI, Autohome seeks to rewrite the global car buying playbook

Is Xpeng’s G7 the new benchmark for assisted driving thanks to Turing silicon?