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Xiaomi will not launch EVs priced below RMB 100,000 in the coming years, CEO Lei Jun said, citing higher costs from advanced smart features. He made t…

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

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

Cognition-driven systems can enable more humanlike decision-making on the road, executives said.

In conversation: Xiaomi on its shift to the XLA cognitive model in assisted driving

Decoding China&#039;s tech and business pulse

KrASIA

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

Cheng Zi

Agibot

CATL manufactures batteries that power electric vehicles, energy storage, and renewable energy infrastructures globally.

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

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How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

Robotics

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

The company’s growth reflects rising demand for force control in humanoid robotics.

Link-Touch draws backing from CATL, Agibot as force sensors gain traction

Photo of Kathryn Knight, founder and CEO of Muun AI.

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

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What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

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Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: Three Singapore startups raise AI funding; SC Ventures leads Keyrock’s Series C round; six China investments; and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

Sudo Lim

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

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<a href="/company/xiaomi">Xiaomi</a> will not launch <a href="/industry/ev">EVs</a> priced below RMB 100,000 in the coming years, CEO Lei Jun said, citing higher costs from advanced smart features. He made the remarks during a live stream of the SU7 endurance challenge.

Honda is launching its China-made Insight <a href="/industry/ev">EV</a> in Japan on April 17, marking the first such move by a local automaker. The model offers up to 535 kilometers of range, priced at JPY 5.5 million, with 3,000 units planned for sale.

China UnionPay and <a href="/company/ant-group">Ant Group</a> have formed a partnership to expand payment collaboration, including new terminals integrating multiple payment methods and joint efforts in consumer subsidy programs and services.

<a href="/company/alibaba">Alibaba’s</a> ATH unit has opened early access for Happy Oyster, an interactive world model that supports real-time environment creation. The launch expands its <a href="/industry/ai">AI</a> lineup beyond video generation after its HappyHorse model.

<a href="/company/dreame">Dreame</a> unveiled products from its Navo brand at the 2026 Canton Fair, reporting over RMB 60 million in orders within six months. The lineup features a self-developed security chip and <a href="/industry/ai">AI</a> platform.

<p data-start="1015" data-end="1197"><a href="/company/xpeng">Xpeng</a> unveiled its GX flagship SUV and opened presales at RMB 399,800. The model offers pure electric and range-extended versions, with up to 750 kilometers of <a href="/industry/ev">EV</a> range and 1,585 kilometers of combined range, built on its SEPA 3.0 platform.</p>

<a href="/company/douyin">Douyin</a> has launched a RMB 500 million plan to support live-action short dramas, introducing incentive policies and a creator platform to improve revenue transparency. The initiative aims to boost content production and lower barriers for creators.

<a href="/company/alibaba">Alibaba Cloud</a> has launched Meoo, a development tool that enables users to build full-stack apps via natural language. Integrating multiple <a href="/industry/ai">AI</a> models, Alibaba said the platform can generate simple apps in about one minute and is already used by over 10,000 internal staff.

Gmarket reported double-digit GMV growth after its 2025 joint venture with <a href="/company/alibaba">Alibaba</a>. As of December 2025, about 7,000 sellers on its platform reached 160 million Southeast Asian consumers via Lazada, listing over 1.2 million products.

<a href="/company/alibaba">Alibaba</a> launched its Qwen S1 <a href="/industry/ai">AI</a> glasses on April 15, with prices starting at RMB 3,499. The device includes a display, 12-megapixel camera, and swappable battery, and supports AI-driven tasks such as QR payments, bike unlocking and food ordering via voice commands.

Cainiao has unveiled its ZeeBot climbing robot for warehouse operations, with over 100 units already deployed in a Guangdong warehouse. The company said the system doubles storage efficiency and plans to expand the technology to overseas markets.

Indonesia

Transparency reforms address MSCI’s concerns, but execution and investor confidence remain critical.

Indonesia's underperforming stock market faces credibility test

Indonesia&#8217;s underperforming stock market faces credibility test

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Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

The browser is not limited to Meituan’s proprietary LongCat large model.

Meituan’s GN06 unit builds Tabbit, an AI browser aimed at saving users time

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

The release could shorten development cycles for 3D environments.

Tencent’s HY-World 2.0 moves AI beyond video into editable 3D worlds

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Xiaomi to avoid low-cost EV segment

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Indonesia’s underperforming stock market faces credibility test

Meituan’s GN06 unit builds Tabbit, an AI browser aimed at saving users time

Tencent’s HY-World 2.0 moves AI beyond video into editable 3D worlds