The Belt 
Aptiv reported third-quarter revenue of USD 3.2 billion, up 2 per cent year on year and a record for the period. Net income from continuing operations was USD 194 million and adjusted EBITDA USD 567 million. Revenue growth came despite pressure in the core automotive business. On the earnings call, Aptiv disclosed that automotive revenue … Read more
Ferrari raised its 2026 full-year guidance on 3 November, after third-quarter results came in slightly ahead of Wall Street expectations. Revenue guidance moved from EUR 7.6 billion to EUR 7.65 billion. Adjusted EBITDA guidance rose from EUR 2.97 billion to EUR 3 billion, adjusted earnings per share from at least EUR 9.68 to at least … Read more
Chery’s first impression abroad is still that of a volume exporter of combustion cars. Its own numbers now say something else. In October, group new energy sales reached 140,893 units, up 27.7 per cent year on year, the seventh consecutive month above 100,000 and a new monthly record. For the first ten months of 2026 … Read more
LG Energy Solution reported third-quarter revenue of KRW 9,643.4 billion, equivalent to about USD 7.11 billion, with operating profit of KRW 756 billion, or roughly USD 557.2 million. Revenue rose 59 per cent year on year and 27.6 per cent from the previous quarter. Operating profit increased 567.3 per cent against KRW 113.3 billion in … Read more
Bosch will establish a dedicated semiconductor division on 1 January 2028. The move is part of a wider restructuring of the Bosch Group and Bosch Mobility, and the new division will remain inside the mobility arm. Semiconductors currently sit within the automotive electronics division. Under the published targets, Bosch is aiming for semiconductor sales of … Read more
Stellantis sent its leadership team to Wuhan in early November, and the itinerary mattered as much as the meeting. Before sitting down with Dongfeng Motor general manager Feng Changjun, the visitors went to the city’s intelligent connected vehicle test track to drive Dongfeng’s own models and hear the company’s technology roadmap. The location carried its … Read more
Baidu says one day of virtual road testing inside its new world model is equivalent to about three years of a real vehicle with a safety driver on board. The claim, disclosed on 3 November, is the clearest statement yet of where the robotaxi cost curve is being attacked. ApolloWorld is an agent-driven omni-modal world … Read more
Three of the most watched humanoid programmes now have overlapping release windows: Tesla’s Optimus V3, Figure’s 04 and Apptronik’s next Apollo. All three land inside a twelve-month stretch. The interesting question is not who ships first but what the three of them will be measured against. Each has staked a different claim, and each claim … Read more
Beijing published a policy on artificial intelligence and employment on 23 October. The document never uses the phrase embodied intelligence, and the speciality robotics industry read it as an instruction anyway. The reasoning is straightforward. The robots that are actually being deployed in volume are not competing with office workers. They are going into live … Read more
Geek+ has spent a decade selling autonomous mobile robots that move shelves. Its new plan is to sell a warehouse that decides what to do next without anyone scheduling it. The company calls it the 24/7 Autonomous Intelligent Warehouse Programme, and the structure is three steps: hand the complex manual operations to embodied AI, let … Read more