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Leapmotor entered Brazil and Chile on November 25 and joined the Sao Paulo International Motor Show as it expanded into South America. The company int…

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<a href="/company/leapmotor">Leapmotor</a> entered Brazil and Chile on November 25 and joined the Sao Paulo International Motor Show as it expanded into South America. The company introduced the C10 in <a href="/industry/ev">EV</a> and range-extended versions and the B10, and plans to open 36 sites across 27 Brazilian cities and five in Chile by 2025. It expects to expand next into Argentina, Colombia, and Ecuador.

Changan Automobile entered Brazil on November 20 at the Sao Paulo International Motor Show and signed a cooperation agreement with Caoa to advance its global expansion plan. The company also launched the Avatr brand and outlined a full-value chain approach that includes joint R&amp;D, supported by more than 300 engineers and over one million kilometers of testing for Brazil-focused models.

<a href="/company/jd">JD.com</a> is evaluating a bond sale of at least USD 1 billion that would be exchangeable into JD Health shares, according to people familiar with the matter, though the company denied the report. JD.com holds more than 67% of JD Health, whose Hong Kong shares have more than doubled this year.

<a href="/company/lenovo">Lenovo</a> is holding memory and other key components at levels about 50% above normal to manage an <a href="/industry/ai">AI</a>-driven supply crunch and rising prices. CFO Winston Cheng said the company will avoid passing on higher costs this quarter while keeping contracts in place to secure supply. Lenovo said it has enough memory for 2026 as industry warnings of shortages grow.

Didi has partnered with RoboSense to integrate the EM4 digital LiDAR and E1 solid-state LiDAR systems into its next-generation robotaxi. The vehicle will use ten LiDAR units to extend perception and eliminate blind spots, forming a full-coverage sensing setup intended to support continuous, all-weather autonomous operations.

Moore Threads plans to raise RMB 8 billion in a STAR Market IPO, selling 70 million shares at RMB 114.28 for a valuation of RMB 53.7 billion. The online tranche was oversubscribed 4,126 times. Founded by former <a href="/company/nvidia">Nvidia</a> exec Zhang Jianzhong, the GPU developer reported 182% revenue growth this year as China accelerates chip localisation amid US export restrictions.

Beijing has appointed Unitree Robotics founder Wang Xingxing and Agibot co-founder Peng Zhihui as vice directors of a new national humanoid robotics standards committee. The 65-member panel includes firms such as UBTech, Leju, <a href="/company/xiaomi">Xiaomi</a>, <a href="/company/huawei">Huawei</a>, <a href="/company/baidu">Baidu</a>, and <a href="/company/xpeng">Xpeng</a>, as well as academic institutions, and is tasked with developing technical and safety standards and supporting international collaboration.

UBTech Robotics has secured a RMB 264 million contract in Fangchenggang, Guangxi, for a humanoid robot data collection and testing center and an AI education project, with Walker S2 deliveries scheduled for December. Orders for the company’s 2025 Walker series have reached RMB 1.1 billion in value, and UBTech began mass Walker S2 deliveries in mid-November.

Xiaomi founder and CEO Lei Jun has acquired 2.6 million shares for more than HKD 100 million, increasing his stake to 23.26%, according to a Hong Kong filing. Xiaomi also repurchased 21.5 million shares on November 20 and 21 for over HKD 800 million. The company’s cumulative 2025 buybacks have now exceeded HKD 2.3 billion.

Bolt has partnered with <a href="/company/pony-ai">Pony.ai</a> to test and validate fully autonomous vehicles ahead of planned 2026 deployments for its European ride-hailing service. CEO Markus Villig said the company aims to be among the first EU platforms to offer driverless rides. The move comes as Chinese AV firms expand into Europe and as regulators maintain strict limits on higher-level autonomous systems.

<a href="/company/openai">OpenAI</a> CEO Sam Altman said the company has completed its first hardware prototypes, developed with former Apple design chief Jony Ive following OpenAI’s USD 6.4 billion equity acquisition of Ive’s startup. Ive expects a reveal within two years. Altman said the device is designed to provide a calmer, <a href="/industry/ai">AI</a>-driven experience that filters information and offers long-term, personalized assistance.

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A draft regulation would cap acceleration, curb regenerative braking, and probe how much performance drivers actually need.

China hits the brakes on car performance with new safety rules

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As diners reject pre-prepared meals, automation is taking over kitchens, promising the wok hei of tradition at lower costs.

China’s restaurant chains turn to robots after backlash against pre-made dishes

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Nio, a Chinese electric car maker, specializes in high-performance EVs, battery-swapping solutions, and autonomous driving technologies.

The new model lets high-credit users drive before they buy.

Nio teams up with Ant’s Zhima and SuperEV on credit-based car subscription

KrASIA Connection curates technology and innovation updates from China.

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Leapmotor enters Brazil and Chile

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