Chinese battery producer Contemporary Amperex Technology (CATL) has begun testing humanoid robots on its own production lines, reports Caixin. The humanoid robots were developed by an affiliated startup. The world’s largest maker of power and energy storage batteries said the robots are being used to perform inspection tasks on battery pack assembly lines, marking a new […]
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GAC Honda will suspend production for two days starting December 30 due to a shortage of semiconductor supplies, reports Caixin, citing Honda’s China unit and the joint venture. The temporary halt reflects ongoing disruptions tied to Nexperia, a major supplier of automotive chips, whose supply constraints have rippled across the global auto industry. GAC Honda is a […]
China is intensifying its efforts to incentivize childbearing by proposing to make hospital deliveries free of charge, reports Caixin. This is the latest step in a broad campaign to reverse the country’s deepening demographic decline. The National Healthcare Security Administration, the country’s medical-insurance regulator, set out plans at a meeting last week to eliminate out-of-pocket costs […]
Hainan has begun “closed customs operations” for its free trade port reports Caixin, marking a milestone in China’s experiment with deeper financial and trade liberalization. In customs terms, “closed operations” mean the entire island will function as a special customs-supervised zone, where goods, capital and people can move freely between Hainan and overseas markets, while flows […]
Chinese carmaker BYD plans to build a new factory in Brazil within the next three years, reports the South China Morning Post. The new plant would dwarf BYD’s current Brazil operation, lifting output from about 600 units over a decade to up to 7,000 a year. The announcement comes after rising demand for electric buses filled […]