Volkswagen Moved Its R&D Centre of Gravity to Hefei and Called It VEGA

On 28 October, Volkswagen Group China held its first technology day in 42 years in China, in Hefei, and formally launched a locally developed integrated technology matrix called VEGA. The matrix covers three core areas, vehicle platforms, the electrical and electronic architecture and advanced driver assistance, designed to work together and respond faster to Chinese … Read more

Chery Looked at a RMB 1 Trillion Two-Wheel Market and Sent 200 Engineers

Chery has started building motorcycles. During the 2026 Chery Global Innovation Conference on 19 October, Lingwei Technology, the motorcycle business under Chery Holding, showed four technology and product results together for the first time: the SOLO X5 electric scooter, the GROW C3 range-extended tourer, the Kunpeng multi-mode hybrid system and an AI cockpit. Lingwei Technology, … Read more

The Volkswagen Badge Is Now a Wrapper Around a Chinese Supply Chain

SAIC Volkswagen’s ID.ERA 8X went on sale this month. The model is a mid-large range-extended SUV and an important entry in the ID.ERA line, combining a range-extender powertrain with technology content in driver assistance, chassis control and the cabin. On the component side, it carries forward Volkswagen’s powertrain and chassis systems while drawing heavily on … Read more

A Transmission Maker Turned Its Gear Line Into Robot Joints and Started Shipping

Wanliyang, listed on the Shenzhen exchange as 002434, said on 30 October that its subsidiary Zhejiang Wanliyang Robot Technology has put its first joint module production line into mass production. The company frames it as the key step from technical positioning to industrial landing in robot core components. Wanliyang’s first joint module line integrates motor, … Read more

A Bosch-Backed Robot Maker Just Passed Bosch’s Own Supplier Audit

Boyin Hechuang formally opened its Suzhou headquarters on 29 October. The site is not only office and research space. It is built as an industrialisation platform that connects development, simulation testing, scenario validation, small-batch trial production and customer delivery in one place. At the same event the company disclosed a more consequential fact: it has … Read more

Volkswagen Booked a EUR 5.9 Billion Nine-Month Loss and Put Half Its Model Line on the Table

Volkswagen Group reported its first nine months of 2026 on 29 October, and the numbers read less like a quarterly wobble than a collective settlement. The group posted an operating loss of EUR 5.86 billion with an operating margin of minus 7.8 per cent, below market expectations. Over the nine months, operating profit was down … Read more

Peak XV Put USD 30 Million Into Kitchen Footage. That Is the Robot Data Trade Now

Maxinsights, a physical AI company headquartered in Silicon Valley whose Chinese entity is registered as Haiyu Shuwei, has closed a USD 30 million seed round. Peak XV led the round, with Tola Capital, South Park Commons, Woyin Capital and Alumni Ventures participating. The money did not go into compute infrastructure. It did not go into … Read more