Why a Chinese Robot Vacuum Company Spun Off Not One but 2 EV Brands
WIRED••business
Key Points:
- At CES 2024, over 900 Chinese tech companies showcased a broad range of innovations beyond gadgets, including AI software, electric vehicles, and self-driving technology, highlighting China's expanding tech influence.
- Chinese firms are aggressively advancing smart glasses technology, with companies like Rokid and Alibaba presenting AI-powered eyewear featuring real-time translation and heads-up displays, aiming for mass adoption through lower prices and enhanced features.
- Chinese electronics companies are increasingly entering the electric vehicle market, with brands like Nebula Next and Kosmera unveiling luxury EV prototypes, reflecting a trend of leveraging manufacturing expertise from electronics to automotive sectors.
- Neolix, a leading Chinese maker of autonomous delivery vans, reported rapid growth with about 10,000 robovans deployed in China
