The Belt 
Tesla’s new-car registrations rose sharply across several European markets in October, extending a recovery, though performance diverged widely between countries and Chinese brands continued to take share. Tesla registrations rose 248 per cent year on year in Sweden, 131 per cent in Norway and 34 per cent in Denmark, according to data from Mobility Sweden, … Read more
Volkswagen Group has paused development of the battery-electric Golf at its Wolfsburg plant because the factory failed to meet cost-control targets. The plant is short of a EUR 300 million (about USD 336 million) cost-reduction target, according to the internal case reported by Chinese automotive press. The electric Golf, expected to be named ID. Golf, … Read more
Volkswagen Group is weighing assembly of China-developed models in Turkey as a way to expand exports and offset a shrinking home market in China, according to people familiar with the plan reported by Chinese automotive press. The group has signed an agreement with Turkish distributor Dogus Otomotiv covering the production plan. The two sides intend … Read more
Two chipmakers in Fujian province made RMB 1.174 billion of profit between them last quarter while the robot companies they supply are still hunting for orders. Rockchip of Fuzhou reported third-quarter revenue of RMB 1.573 billion, up 43.57 per cent, and net profit of RMB 473 million, up 90.49 per cent. SigmaStar of Xiamen reported … Read more
Shenzhen’s robotics supply chain has spent two years selling movement. The next layer sells touch, and it is being built by people who were in school when the first humanoid prototypes walked. YuanSheng, a Shenzhen company founded in 2025 by Oxford-trained physicist Hou Ningzhe, born in 1999, is assembling a hardware stack around one problem: … Read more
Keda Intelligent filed for a Hong Kong listing on 22 October with two claims to market leadership, one shrinking robot business and a chairman who sold RMB 250 million of stock before the paperwork went in. The Hefei company, listed on Shenzhen’s ChiNext since 2011, is pursuing a dual A plus H listing. Its pitch … Read more
Lens Technology can now assemble a humanoid every nine minutes in Kunshan. Its net profit fell by half over the same nine months. The Apple glass supplier told investors on 1 November that its Kunshan robot base reached 100 units a day, after moving into the site in late August and rolling the first unit … Read more
China’s securities regulator cleared a Tianjin pool-cleaning robot maker for a Hong Kong listing on 30 October, opening the way for the first listed company in a category most investors have never priced. Wanyuan Technology plans to issue up to 12.6886 million shares on the Hong Kong Stock Exchange main board. By 2024 shipments and … Read more
China’s embodied AI sector raised less money last month from barely half as many deals, and the people selling shares are the ones who were there first. October recorded 33 financing events, down from 60 in September, according to IT Juzi data cited by the Zhicaishe research account. Total value slipped only from RMB 11.028 … Read more
Three funding rounds closed on the same day in China, and none of the companies involved builds a robot. On 2 November, Jianshi Robotics disclosed a USD 100 million A+ round, GenRobot AI disclosed USD 100 million at the same stage, and RoboScience closed a Series A2 in the hundreds of millions of renminbi. All … Read more