The Belt A leading Chinese power-electronics group is taking full control of its welding-equipment arm in a 664 million yuan cash deal, a bet that intelligent welding sits at the centre of high-end manufacturing. Full ownership for 664 million yuan Megmeet announced it will pay 664 million yuan in cash to acquire the remaining 46.30 per cent … Read more
An industrial mobile-robot veteran in southern China has raised a strategic round after a twelve-year gap, and the investor line-up shows how tightly the country’s robot supply chain is knitting together. A twelve-year gap, a strategic round Guangdong Jiateng Robot Automation has closed a tens-of-millions-yuan strategic financing led by HET, a listed smart-control leader, with … Read more
Geely has launched its first new-energy hardcore SUV under the Galaxy brand, and the spec sheet reads like a direct answer to the wave of rugged electric 4x4s reaching Europe. A ladder frame under a family SUV The Warship 700 arrived in Hangzhou on 10 October with three powertrains across six trims, at a limited-time … Read more
A Chinese welding-robot maker backed by one of Japan’s big four robot groups has posted a profit jump that dwarfs its recent history, and the numbers point to a wider industrial-robot recovery in the country. Profit up more than tenfold Keda reported first-half 2026 revenue of 425 million yuan, up 34.73 per cent, and net … Read more
Sudo Technology is betting on simulation-first training for embodied AI (Source: OFweek Robotics) On 30 September, Shanghai state-backed investment funds said Sudo Technology, a Shanghai embodied-AI company, had closed a new financing round above RMB 1 billion. The round was led by the Shanghai State-owned Investment Pioneer Fund, Guotai Haitong and Futeng Capital, with industrial … Read more
Walk into Pudu Robotics’ headquarters showroom in Nanshan, Shenzhen, and the lineup tells the story. Commercial cleaning robots, AI-native tray-carry movers, the class-humanoid PUDU D7, and the full-size biped D9 stand side by side. Different shapes, one shared embodied-intelligence brain, and a complete map of the business-grade robotics market. Illustrative image generated for this report: … Read more
Tesla finally brought its long-delayed next-generation Roadster in front of an audience, and the car did things no production vehicle is supposed to do. A supercar that drives on the ceiling The unveiling took place outdoors at SpaceX’s test site in McGregor, Texas. In the live demo, the Roadster ran along a near-vertical curved track, … Read more
Zhidx reports, citing Bloomberg, that DeepSeek is finalising a new funding round of at least RMB 80 billion, with Tencent and CATL among the largest committed investors. According to signed terms, the final amount could approach RMB 100 billion, laying the groundwork for an initial public offering planned for early 2027. The size already far … Read more
On 16 October, Faolf Robotics announced the consecutive completion of its Series C+ and Series D rounds, raising a combined total of nearly RMB 1 billion (about USD 140 million). The two rounds drew backing from several investors. Meituan Longzhu and Meituan led, with Yongxin Capital, Shishan Phase II and Suzhou Venture participating. Existing shareholders … Read more
On 16 October, California-headquartered Faraday Future (Nasdaq: FFAI) and FF EAI Robotics Ecosystem (Nasdaq: FFR) jointly announced the FF Nova and FF Nova Mini humanoid robots together with FF Robot World 2.0. FF Nova is positioned as an entry-level embodied-intelligence humanoid priced at USD 2,490 for the body and USD 390 for a developer skill … Read more