Nations accelerate AI expansion amid rising energy strain and investment risks

Japan has unveiled a five-year plan to invest around 1 trillion yen (approximately $6.34 billion) in a new artificial intelligence venture, positioning itself among global powers seeking control over the technological and economic foundations of AI infrastructure. The initiative, backed by SoftBank and......

MetaX shares soar nearly 700% in spectacular Shanghai stock market debut

Shares of Chinese semiconductor firm MetaX Integrated Circuits recorded an exceptional surge on their first day of trading in Shanghai, reflecting strong investor enthusiasm for China’s ambitions in artificial intelligence and technological self-reliance. Listed on the Shanghai Stock Exchange’s......

GAC Aion unveils world's first street-to-sky electric flying car at Shanghai Auto Show 2025

At the 2025 Shanghai International Auto Show, Chinese automaker GAC Aion introduced a groundbreaking electric vertical takeoff and landing (eVTOL) vehicle capable of both driving on city streets and flying between skyscrapers. This innovative flying car concept, known as "GOVE," seamlessly......

Tesla's six-seat Model Y L secures 120,000 orders in China, revitalizing sales momentum

The new six-seat Model Y L from Tesla has emerged as a strategic success in China, amassing over 120,000 orders since its debut on August 19. Averaging nearly 10,000 orders daily, the SUV began deliveries on September 2, marking Tesla’s most significant product expansion in the Chinese market in......

Tesla Introduces Revamped Model Y in China to Counter Growing Competition

Tesla has unveiled a redesigned version of its best-selling Model Y in China, featuring a refreshed exterior and upgraded interior. The automaker hopes these enhancements will help reclaim market share in the highly competitive Chinese electric vehicle (EV) market. The new Model Y, which remains the......

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