Showing 1 - 10 of 12
Chinese firm pushes mobile payments via AI glasses
South China Morning Post, Published on 29/04/2025
» HONG KONG — Consumer electronics firm DreamSmart Group, owned by Chinese auto giant Zhejiang Geely Holding Group, will soon enable mobile payments via smart glasses, according to an executive, as the race to make eyewear powered by artificial intelligence (AI) more useful to the public heats up.
US bans Chinese and Russian tech in smart cars
South China Morning Post, Published on 16/01/2025
» WASHINGTON — The Joe Biden administration has finalised rules effectively barring the sale of smart cars containing Chinese or Russian technology in the US market, a last push by the outgoing American president to address national security concerns tied to the auto industry.
BYD to overtake Volkswagen ventures as China's top producer
South China Morning Post, Published on 19/11/2024
» HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 months, as the growing popularity of battery-powered cars strengthens its market dominance.
Mercedes-Benz teams up with TikTok owner ByteDance on AI technology for in-car systems
South China Morning Post, Published on 15/08/2024
» Mercedes-Benz has struck a partnership with the cloud unit of ByteDance, which owns popular short video apps TikTok and Douyin, for "cooperation and exploration" of large language models (LLMs), generative artificial intelligence (GenAI) and big data.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Hong Kong stocks hit 2-week low as Alibaba tumbles 2.9% on ex-CEO surprise exit, China deflation concerns
South China Morning Post, Published on 11/09/2023
» Hong Kong stocks fell to a two-week low, led by losses in Alibaba Group after former chairman and CEO Daniel Zhang Yong surprisingly departed from the e-commerce group amid a leadership transition.
Baidu's Ernie Bot to be used in Great Wall Motor's vehicles to enhance conversation between driver and car
South China Morning Post, Published on 03/08/2023
» Great Wall Motor, China's largest sport-utility vehicle (SUV) assembler, looks set to become the first carmaker to use Baidu's ChatGPT-like artificial intelligence (AI) technology, which enables conversation between driver and car.
Chinese EVs smash monthly sales records
South China Morning Post, Published on 02/08/2023
» Three of China's top electric vehicle (EV) start-ups reported record monthly sales in July, as a release of pent-up demand in the world's largest market for battery powered cars continues.
China's EV price war expected to continue after discounts fail to ignite car sales
South China Morning Post, Published on 11/05/2023
» The ongoing price war in China's automobiles market is likely to continue as previous rounds of heavy discounts have failed to spur sales, dimming the earnings outlook for most of mainland China's carmakers.