Elon Musk Denies Reports That Tesla Is Considering Selling or Spinning Off Its China Business
July 31, 2026 – Rumors suggesting that Tesla could divest or spin off its China operations have been firmly rejected by CEO Elon Musk, who described the claims as entirely false shortly after they gained traction across financial markets. The speculation, first reported by The Wall Street Journal citing people familiar with the matter, alleged…
HarmonyOS Gains Momentum as Huawei Completes Its Decade-Long PC Lineup
July 31, 2026 – Huawei has officially revealed the complete specifications of its new MateBook Pro S during a dedicated media briefing held on July 30, highlighting the device as the lightest laptop in the world. Weighing just 798 grams, the notebook has received official recognition for setting a new benchmark in ultra-light PC design….
BYD’s Electric K-Car Racco Surpasses 5,000 Pre-Orders in First Week, Signaling Strong Japan Market Demand
July 31, 2026 – BYD’s Electric K-Car “Racco” Secures Over 5,000 Orders in First Week After Pre-Sale Launch BYD’s first Japan-focused electric K-Car, the Seagull-inspired “Racco,” has gained strong early momentum, collecting more than 5,000 locked-in deposits within its first week of opening for pre-orders. The compact EV had already attracted significant attention before its…
Xiaomi Delivers Over 700,000 SU7 and YU7 Vehicles, Unveils Kunlun Technology Architecture After 3.5 Years of Development
July 31, 2026 – Xiaomi Unveils New Pengcheng Technology Platform, Lei Jun Highlights Next Phase of Smart EV Development Xiaomi has officially hosted its Pengcheng Technology Conference, where CEO Lei Jun opened the event by revisiting the company’s first automotive technology presentation and outlining the journey of Xiaomi’s electric vehicle ambitions. At Xiaomi’s inaugural EV…
Lei Jun Stands Next to 1.96m Xiaomi Employee, Admits He Feels the Pressure
July 31, 2026 – Xiaomi’s latest electric vehicle project has highlighted a new approach to large-family mobility, with the company showcasing the impressive interior flexibility of its upcoming Pengcheng N90 Max model at a launch event. During the presentation, seven members of Xiaomi’s Pengcheng development team stepped out of the N90 Max, with the tallest…
Tim Cook Reveals Apple Has Surpassed 1.5 Billion Paid Subscriptions, Adding 500 Million in Three Years
July 31, 2026 – Apple has surpassed a major milestone in its rapidly expanding services business, revealing that the number of paid subscriptions across its ecosystem has climbed beyond 1.5 billion worldwide during the company’s third quarter of fiscal 2026. The figure was disclosed by Apple CEO Tim Cook during the company’s earnings conference call…
Xiaomi CEO Lei Jun Highlights Supplier Quality Behind New Kunlun Vehicle Architecture
July 31, 2026 – Xiaomi has officially expanded its automotive ambitions with the unveiling of two new extended-range SUVs at its Pengcheng Technology Launch Event on July 30. During the presentation, CEO Lei Jun introduced the company’s newly developed Kunlun Technology Architecture, a vehicle platform engineered over the past three years to support Xiaomi’s next…
Apple’s Quarterly R&D Spending Hits Record $11.73 Billion, Up 32% YoY
July 31, 2026 – Apple has posted another record-breaking quarter for research and development spending, underscoring the company’s accelerating investment in future technologies, particularly artificial intelligence. During the third quarter of its fiscal 2026, which covered the period from March 28 to June 27, 2026, Apple allocated $11.73 billion to R&D. The figure represents a…
DeepSeek Reportedly Plans 1GW AI Data Center Expansion in Inner Mongolia
July 31, 2026 – DeepSeek is reportedly preparing a major expansion of its AI computing infrastructure by developing a large-scale data center in Inner Mongolia, signaling the Chinese startup’s growing investment in high-performance AI capacity. According to a Bloomberg report citing people familiar with the matter, the company intends to deploy approximately 1 gigawatt (GW)…
Toyota’s Global Sales Fall for the First Time in Two Years as China Weakness Weighs Heavily
July 30, 2026 – Toyota Motor reported a weaker first half of 2026, with both global vehicle sales and production declining year over year for the first time in two years, highlighting mounting pressure in the world’s largest auto market despite resilient demand elsewhere. According to figures released by the Japanese automaker on Thursday and…