BYD’s first humanoid robots; Brazil named biggest buyer of Chinese cars: 7 EV reads

BYD, a leading electric vehicle company, is set to introduce its first humanoid robots in August, intensifying the competition with Tesla in the burgeoning market of embodied artificial intelligence. Meanwhile, Brazil has emerged as the world's biggest purchaser of Chinese cars, with Chinese customs reporting that the South American nation bought US$5.2 billion worth of vehicles from January to May of this year. This surpasses Russia and Belgium in imports of Chinese automobiles.

China has shown its dominance in the global shipping industry by transporting a record number of electric vehicles from a Shanghai terminal. This shipment was carried by new-generation car carrier ships, which further emphasizes China's growing influence in international supply chains. Meanwhile, the Chinese battery manufacturer CATL showcased cutting-edge EV batteries at a tech event in Beijing, attracting nearly 1,000 attendees to witness the innovations that could potentially revolutionize the global automotive industry.

Elon Musk, the CEO of Tesla, has dismissed rumors suggesting the company might sell its China operations. The speculation has reignited conversations about Tesla's reliance on its primary manufacturing hub in Shanghai. Additionally, Xiaomi, a competitor of Tesla in the Chinese market, has discounted the price of its premium SUV by 23%, mirroring the pricing strategy of its American counterpart, Tesla.

As the Middle East becomes increasingly interested in energy storage solutions, competition among Chinese battery makers is heating up, with BYD and Sungrow Power Supply ultimately winning a significant deal.