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<a href="/company/leapmotor">Leapmotor</a> and <a href="/company/xpeng">Xpeng</a> set new records in July, delivering 50,129 and 36,717 <a href="/industry/ev">EVs</a> respectively, as China’s price war showed signs of easing and demand shifted toward budget-friendly smart models. <a href="/company/xpeng">Xiaomi</a> also exceeded 30,000 units, with its <a href="https://kr-asia.com/xiaomis-new-yu7-can-it-stand-up-to-teslas-model-y">new YU7 SUV</a> drawing 240,000 preorders in two days.

<a href="/company/tesla">Tesla’s</a> US customer loyalty reportedly plunged from 73% in June 2024 to 49.9% by March 2025, following Elon Musk’s endorsement of Donald Trump and rising political engagement. S&amp;P data shows Tesla has slipped from top in loyalty to industry average, as rivals gain ground and <a href="/industry/ev">EV</a> competition intensifies.

China’s plastic exports surged in H1 2025, with volumes doubling in some resins and prices falling by as much as 20%. Amid weak domestic demand, China ramped up shipments of PVC, polystyrene, and polypropylene, putting pressure on regional producers. Japan’s imports rose sharply as Chinese supply rippled through Asian markets.

Beijing’s E-Town is hosting a <a href="/industry/robotics">robot</a> shopping festival through August 17, offering subsidies of up to RMB 250,000 for buyers. Featuring 63 brands including Unitree and UBTech, among others, the event includes the launch of a new robot store and over 680 models available via JD.com. It follows a national surge in robot production in H1 2025.

Xgimi Technology, a Chinese consumer electronics firm, said it plans to issue H-shares and seek a listing on the Hong Kong Stock Exchange’s Main Board. The company is in talks with intermediaries, but the details of the offering have not yet been finalized.

<a href="/company/anta">Anta Sports</a> has declined to comment on reports that it is nearing an acquisition of US sportswear brand Reebok. In a statement, the company said it does not respond to market rumors and advised relying on official announcements for accurate information.

<a href="/company/tencent">Tencent</a> has open-sourced four compact language models under its Hunyuan family, ranging from 500 million to seven billion parameters. Built to run on consumer-grade GPUs, the models support low-power use in laptops, smartphones, smart cockpits, and smart homes, and enable cost-effective fine-tuning for vertical applications.

<a href="/company/baidu">Baidu</a> and Lyft will launch Apollo Go robotaxi services in Germany and the UK in 2026, pending regulatory approval. The partnership combines Baidu’s autonomous driving tech with Lyft’s European footprint via Freenow, aiming to scale autonomous ride-hailing across key markets while meeting safety and compliance standards.

Chinese tea chain Tianlala opened three new stores in Bali on August 3, expanding to 130 signed stores in Indonesia and over 200 globally. Located in key commercial areas, the stores reportedly drew more than 1,000 visitors on day one. The brand aims to deepen its Southeast Asia presence while exploring expansion into Europe and the Middle East.

Haidilao has introduced a “nightclub mode” at select hotpot restaurants across China, featuring DJs, ambient lighting, and male dancers performing for mostly female diners after 9:40 p.m. First launched in Guangzhou in January, the format has drawn full crowds and sparked debate over brand image and the rise of female-driven spending.

China's <a href="/industry/gaming">game</a> makers are accelerating overseas expansion, with exports reaching USD 9.5 billion in H1 2025, up 11% YoY, according to the China Digital Entertainment Industry Congress. Firms like Century Games now earn most of their revenue abroad, as titles like <em>Black Myth: Wukong</em> and <em>Wuchang: Fallen Feathers</em> boost global visibility and appeal.

These three Chinese robotics firms are tapping public markets to bankroll their next phase of international growth.

China’s industrial robot makers turn to IPOs to gear up for global expansion

I'm Xiaochun with 36Kr Global [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

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What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

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What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

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In a sleepy hardware category, one Zhuhai startup found traction by making printers personal and portable.

Thinking out of the box: How Quin broke open a stagnant printer market

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China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

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JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

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Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

Through JoyInside and Tairos, both firms are angling to control the software layer of embodied intelligence.

Leapmotor, Xpeng hit record July sales

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China’s industrial robot makers turn to IPOs to gear up for global expansion

Thinking out of the box: How Quin broke open a stagnant printer market

JD and Tencent want to power robots, not build them, at least for now