Neta Auto and Toyota have both denied rumors of a takeover, even as court filings show a creditor has initiated a bankruptcy review of Neta’s parent company, Hozon. Despite a proposed RMB 4.5 billion ...

Alibaba has released Wan2.1-VACE under its Tongyi Wanxiang model family, providing an all-in-one model for text-to-video, image-based video synthesis, and localized editing. The open-source release ...

China sold over 11 million EVs in 2024, accounting for 60% of global sales and producing 70% of the world’s total. It also emerged as the top EV exporter, responsible for 40% of global exports, with ...

China sold over 11 million EVs in 2024, accounting for 60% of global sales and producing 70% of the world’s total. It also emerged as the top EV exporter, responsible for 40% of global exports, with ...

Ruili Kormee, a Chinese vehicle safety systems maker, has cleared its listing application as it seeks to fund R&D and a new headquarters in Guangdong. The company is moving forward with its IPO ...