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Daniel Ren

Daniel Ren

Shanghai
Shanghai Bureau Chief
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Areas of Expertise:
China business, finance and markets
Languages Spoken:
English, Mandarin

BYD to debut first humanoid robots in August as rivalry with Tesla intensifies

China’s electric car giant plans to unveil the humanoids at its Di Space showrooms within weeks, as it takes on Elon Musk’s firm in physical AI.

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CEO He Xiaopeng projects the firm will sell 1 million robots by 2030 after ramping up mass production.

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Analysts say low ownership costs and battery gains are fuelling an export boom to regions such as Southeast Asia and Africa, positioning Chinese firms as main engines.

With a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe.

Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.

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