A lack of openness to foreign entrepreneurs, opaque bureaucracy, and a shortage of capital are among the issues cited.
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Founder Wang Xingxing predicts a breakthrough in physical AI within one to three years.
Equipment sales account for the bulk of revenue as the company automates drone deployment and expands overseas through local operators.
Chinese automaker Chery is extending its ambitions beyond the road and into the home.
The startup is targeting makers first, with a small home deployment planned for early 2027 to test robots that learn from users.
The world’s fourth largest handset maker aims to double its high-end phone sales in Europe in 2027.
The EV maker aims to stay competitive after giving up on its own factory due to local rules.
More mainland firms are delaying listings as new stocks struggle in their early trading days.
CEO Lei Jun outlined investment plans alongside three priorities for connected vehicles: AI, safety, and connections between people, cars, and homes.