The Belt 
Morgan Stanley expects the humanoid robot market to reach USD 5 trillion by 2050. BMW, Renault, Mercedes-Benz and Tesla are already testing the machines in their factories, and Hyundai, Mitsubishi and XPeng are moving in too. Carmakers move into pilot mode Tesla has stopped production of the Model S and Model X and shifted the … Read more
Gasgoo Embodied Intelligence reports that UBTECH has recently won overseas orders worth more than RMB 50 million. The order book spans commercial service humanoid Walker C1 and the ultra-realistic humanoid YouWorld U1, with customers across Europe, Japan and South Korea. UBTECH Walker C1 commercial service humanoid robot. (Source: Gasgoo) A wave of global partnerships On … Read more
Many readers have asked about Tesla-chain suppliers. With no non-public detail to share, the half-year reports offer a public view. The first three were Sanhua, Tuopu and Rongtai. today it is Siling Zhiqu. On 26 August, Siling Zhiqu published its half-year report: revenue of 421 million yuan, up 7.61 per cent, and attributable net profit … Read more
Laifull Harmonic, the ‘first harmonic-reducer share’ on the Hong Kong market, recently disclosed its first half-year report since listing. In the first half of 2026 it posted revenue of 142 million yuan, up 80.1 per cent from 78.97 million yuan a year earlier, and gross profit of 38.83 million yuan, up 148.3 per cent, with … Read more
On 3 September, the JiYa Precision green smart base for robot-core precision parts held its groundbreaking in Beijiao, Shunde. It is the first project built on Foshan’s ‘lease-then-grant’ industrial land, taking only seventeen days from land acquisition to start. Positioned as a precision-reducer smart-production base, the project covers about 70.71 mu, or 47,138 square metres, … Read more
In mid-August, Zhongjian Technology faced a proposed 3.9 million yuan fine for fabricating a signing event with Huawei’s embodied-intelligence centre and for false disclosure, dragging it into controversy. Amid the storm, the veteran garden-equipment maker has not slowed its robotics expansion. Recently Zhongjian and its subsidiary Shanghai Huazhijian signed an intelligent-robotics industrialisation project agreement with … Read more
On 27 August, Hugging Face and its French robotics unit Pollen Robotics released Microduck, a bipedal robot duck priced at US$399, 25 centimetres tall, under 800 grams and fitted with 15 motors. Orders passed US$1 million in six hours and US$2.6 million within 24 hours, roughly 6,500 units, at a peak of one sold every … Read more
DeepSeek, one of the so-called Hangzhou Six Little Dragons, is preparing to list on the STAR Market and has engaged CITIC Securities to lead the IPO work, according to the latest reports. In 2026 DeepSeek reversed its long-standing ‘no external funding’ stance. Since its first external round in April, it has run several raises, with … Read more
A layoff dispute has created multiple headaches for Xingyu Automotive Lighting Systems: the Hong Kong exchange’s listing review, overseas clients’ compliance probes and a wider clash of governance norms across global supply chains. On 7 September Xingyu published an external handling notice via its official account, disclosing executive accountability, remediation steps and an apology to … Read more
The domestic collaborative-robot track gained another IPO contender. FAO Robotics of Suzhou recently started A-share listing tutoring with Guotai Junan Haitong as its sponsor. The IPO path has moved steadily this year: the company completed its joint-stock restructuring in March 2026, signed a tutoring agreement with Guotai Junan Haitong in August, and had its tutoring … Read more