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China's NEV exports rose 44.2% YoY in April to 189,000 units, accounting for 44.6% of total passenger car exports, up 14 percentage points from a year…

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China's NEV exports rose 44.2% YoY in April to 189,000 units, accounting for 44.6% of total passenger car exports, up 14 percentage points from a year earlier. Total automotive production and sales each exceeded 10 million in the first four months of 2025, according to the China Association of Automobile Manufacturers (CAAM).

<a href="/company/tiktok">TikTok</a> has introduced in-app meditation exercises aimed at promoting sleep and reducing screen time for users under 18. The features activate during late hours and interrupt usage after 10 p.m, and are being rolled out as the platform faces lawsuits and criticism over its mental health impact on teens.

<a href="/company/baidu">Baidu’s</a> AI search now features “DeepSearch,” a deep retrieval tool powered by a ten-billion-entry content base. It is designed to mimic human reasoning by breaking down queries and refining results through multi-step analysis. Unlike similar tools from OpenAI or Google, DeepSearch is reportedly free to use without limits.

<a href="/company/byd">BYD</a> has signed an agreement with Hungary to establish its European headquarters and a new R&amp;D center in Budapest. The company plans to collaborate with local universities and suppliers, offer job training, and create thousands of jobs, aiming to strengthen Hungary’s role in the global EV supply chain.

WeRide has begun trial operations of fully driverless robotaxis in Abu Dhabi. The pilot expands coverage to Al Maryah and Al Reem Islands, building on existing routes serving Yas Island and Zayed International Airport. It also follows WeRide’s receipt of a UAE self-driving vehicle license in 2023 and its partnership with Uber since 2024.

<a href="/company/nvidia">Nvidia</a> is planning a new R&amp;D center in Shanghai to adapt AI chip development to US export restrictions and support local market needs. CEO Jensen Huang discussed the project with Shanghai’s mayor last month and has warned that exiting China could cede ground to domestic rivals like <a href="/company/huawei">Huawei</a>.

<a href="/company/geely">Geely</a> plans to launch 3–4 new car models this year and expand exports, with 1–2 models slated for Q4 2025 and a six-seat Galaxy SUV set to debut in Milan. The rollout builds on a strong Q1, which saw NEV sales reach 339,000 units and Galaxy sales, led by the E8, more than triple YoY.

<a href="/company/xiaomi">Xiaomi</a> founder Lei Jun announced on <a href="https://weibo.com/1749127163/PrYfduSL4?pagetype=profilefeed">Weibo</a> that the company will launch its XringO1 mobile chip in late May. Designed in-house using Arm architecture and manufactured by TSMC on a 3-nanometer process, the chip is intended for premium phones and tablets as Xiaomi ramps up competition with Apple and Huawei’s custom silicon.

Fast fashion giant <a href="/company/shein">Shein</a> has leased nearly 15 hectares of warehouse space near Ho Chi Minh City, its first such facility in Vietnam, sources said. The move aims to position goods closer to global shipping routes and reduce exposure to US-China trade tensions. Shein remains heavily reliant on China-based suppliers and vulnerable to shifts in tariff policy.

TikTok owner <a href="/company/bytedance">ByteDance</a> is targeting 2025 revenue of USD 186 billion, a 20% increase from 2024, putting it just shy of Meta’s projected USD 187 billion. The company now reports over 4 billion monthly active users across its apps, despite slowing ad demand on Douyin and ongoing US pressure to divest TikTok.

China said on May 15 the US is misusing export controls after US authorities <a href="https://kr-asia.com/pulses/153489">warned of legal risks</a> tied to <a href="/company/huawei">Huawei’s</a> Ascend AI chips. A commerce ministry spokesperson said the move threatens supply chain stability and vowed to safeguard Chinese companies' interests. Huawei’s chips compete with <a href="/company/nvidia">Nvidia’s</a> in China.

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Steady performance in commerce and strong growth in AI-driven cloud services lifted Alibaba’s profit, though an EPS shortfall tempered investor sentiment.

NEV exports from China leap 44% in April

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