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Pony.ai plans to deploy a robotaxi fleet in Hong Kong after clearing regulatory hurdles, expanding beyond its operations in four major mainland cities…

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<a href="/company/pony-ai">Pony.ai</a> plans to deploy a robotaxi fleet in Hong Kong after clearing regulatory hurdles, expanding beyond its operations in four major mainland cities. The firm has also launched its Gen 7 models, touting robust self-driving capabilities and major cost reductions.

<a href="/company/sensetime">SenseTime</a> posted H1 2025 revenue of RMB 2.4 billion, up 36% YoY, driven by 73% growth in <a href="/industry/ai">generative AI</a>, which now accounts for 77% of its sales. Adjusted net loss narrowed 50%, while trade receivable collections hit a record RMB 3.2 billion, up 96%. Cash reserves rose to RMB 13.2 billion.

Chinese tea chain Heytea is under scrutiny after a media test found trans fatty acids in one of its milk tea drinks. The company said the content came from dairy milk, but critics pointed to earlier promises of zero trans fats. While levels meet national standards, the findings pose a challenge to Heytea's health-focused brand image.

<a href="/company/tesla">Tesla’s</a> European sales fell 40% YoY in July to 8,837 units, its seventh consecutive monthly decline, according to the European Automobile Manufacturers Association (ACEA). <a href="/company/byd">BYD</a>, meanwhile, rose 225% YoY to 13,503 registrations as it expands in Europe. Tesla’s challenges reportedly include an aging car lineup, intensifying competition, and reputational issues linked to Elon Musk.

Hollyland has consolidated with its overseas brand Moma to form the unified global brand Hollyland Moma. Co-founder Vincent Ma announced the move in Shenzhen, saying the realignment is intended to unify user experience and branding across markets for the company’s wireless audiovisual products.

<a href="/company/li-auto">Li Auto</a> plans to start mass producing its M100 autonomous driving chip this year while continuing to equip current models with chips from <a href="/company/nvidia">Nvidia</a> 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 has announced it plans to enter the <a href="/industry/ev">EV</a> market, starting with a luxury car model set to debut in 2027. Positioned against the Bugatti Veyron, the car will feature a proprietary <a href="/industry/ai">AI</a>-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.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang said there is a “real possibility” of bringing the company’s Blackwell <a href="/industry/ai">AI</a> 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.

<a href="/company/catl">CATL</a> 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, 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 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 <a href="/industry/ai">AI</a>- and <a href="/industry/robotics">robotics</a>-enabled R&amp;D platforms.

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

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A dispute over legacy buybacks could determine whether Zong Fuli secures her position as Wahaha’s largest shareholder.

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Pony.ai eyes robotaxi rollout in Hong Kong

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Chinese AMR firms line up Hong Kong IPOs to test investor appetite

Wahaha heiress takes shareholder fight to China’s top court

Deals in brief: Blitz and Tazapay raise funding, Rezolve.ai acquires ViSenze, 11 new China investments, and more