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Demand for NVIDIA H20 chips surges as Chinese companies adopt DeepSeek’s AI models: report

TechNode

Chinese companies are upping orders of NVIDIAs H20 AI chip as demand booms for DeepSeeks low-cost AI models, according to an exclusive report from Reuters. Cloud service providers in particular, including Tencent, Alibaba, and ByteDance, are significantly increasing their orders of the H20 chip, sources said. Reuters ]

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In rare move, BMW and China’s Huawei sign deal for in-car connectivity

TechNode

BMW and Huawei said on Monday that starting 2026, BMWs newest electric cars in China will be compatible with the latters HiCar, which would allow many of its owners to connect their Huawei smartphones to their cars infotainment system to access various phone apps. to approximately 714,500 units in China last year.

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BYD surpasses CATL in market value, unveils major EV charging breakthrough

TechNode

trillion ($160 billion) to overtake that of CATL in mainland China for the first time in seven years, hours before the launch of its newest generation of electric vehicle platform, considered a major breakthrough for EV charging. TechNode reporting, Reuters , Wallstreetcn , in Chinese] On Monday, BYDs market value rose past RMB 1.16

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RTX 5090 cards selling for $5,000 on China's black market as DeepSeek AI models drive demand

TechSpot

DeepSeek's industry-disrupting R1 models can efficiently run on consumer GPUs, rather than expensive AI accelerators such as the H20. As reported by The Information (paywalled article), the situation has led to demand for the China-specific RTX 5090D reaching a point where the cards are being sold on the black market.

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EV maker BYD launches new, ultrafast charging system

Fast Company Tech

China’s energy and auto giant BYD has announced an ultrafast EV charging system that it says is nearly as quick as a fill up at the pumps. It plans to build more than 4,000 of the new charging stations across China. BYD reported it made just over 4.3 BYD’s news appeared to give Tesla a jolt on Monday, as the U.S.

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Apple may move iPad and MacBook manufacturing from China to Vietnam

The Verge

Apple has asked Foxconn to move some iPad and MacBook manufacturing capacity to Vietnam, Reuters reports. Reuters ’ report doesn’t state which iPad or Mac models will be assembled in Vietnam, nor what proportion of Apple’s total production will shift out of China.

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Tesla’s Model Y gets a $3,000 price cut

The Verge

Tesla has lowered the purchase price of its Model Y by $3,000, so its Long Range AWD will now cost $49,990, Electrek reported. Tesla cut prices on several vehicles in May , but the Model Y was not included in those reductions. percent — from May to June, but were down 30 percent from a year ago, CNBC reported.

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