Horizon Robotics’ HSD V2.0 brings world models to mass-market assisted driving

Horizon Robotics has released HSD V2.0, the latest version of its assisted-driving software. The headline change is the addition of a world model and end-to-end reinforcement learning on top of what the company calls a one-stage end-to-end architecture. HSD V2.0 was tested on a 12-kilometre route through Beijing including Sanlitun. (Source: Leiphone) Leiphone joined a … Read more

Why warehouses are becoming the first real battlefield for humanoid robots

The embodied intelligence sector has moved from demo videos to live work tests. The first real proving ground is not the home or the coffee shop. It is the warehouse. Figure’s 03 robot sorted nearly 250,000 packages over 200 hours of live streaming. (Source: Gasgoo Embodied Intelligence) In May 2026, Figure live-streamed its Figure 03 … Read more

Huawei pushes Maextro MPV above 1.1 million yuan in challenge to Lexus and Toyota

Huawei’s Harmony Intelligent Mobility Alliance has launched its first MPVs above the million-yuan price point. The Maextro V680 starts at 648,000 yuan and the V800 at 766,000 yuan. A special “Yunshui Tianqing” design package adds 150,000 yuan, taking the top V800 Navigator edition to 1.166 million yuan. The V800 is 5.495 metres long and aimed … Read more

Robotaxi rivalry shifts from cars to cities as Shenzhen takes on Los Angeles

The robotaxi industry has entered a new phase. In 2026, Waymo’s ride volume in San Francisco overtook Lyft at times. In China, Baidu’s Apollo Go completed 3.2 million rides in the first quarter, up more than 120 per cent year on year. Global private investment in autonomous driving reached 23.3 billion dollars in the first … Read more

How Li Zexiang built a 50 billion dollar startup factory around Shenzhen

Li Zexiang is best known outside China as the mentor who discovered Wang Tao, the founder of DJI. Inside the Greater Bay Area, he is something closer to an institution. The article, a reporter’s notebook from Shenzhen News, says his Songshan Lake XbotPark robot base has incubated 287 companies, including 13 unicorns or near-unicorns with … Read more

US robot builders are stuffing Chinese parts into suitcases to get around Washington’s ban

On 28 July 2026, the United States Federal Communications Commission added advanced foreign-made robots to its restricted-equipment list. The practical effect was to block new Chinese humanoid robots from entering the US market. The gap between the rule and reality is now being filled by rolling suitcases in Shenzhen. Suitcase shopping in Huaqiangbei has become … Read more

Linghou Robotics closes Series C above 100 million yuan, opens Vietnam factory

Linghou Robotics, a Suzhou-based supplier of core components for embodied intelligence, has raised a Series C round of more than 100 million yuan. The round was led by Chendao Capital, the industrial investment platform linked to CATL, and joined by the Industrial Machine Tool Investment Fund, a fund backed by Henan Information Industry Investment, a … Read more

The 20 billion yuan price of a robot brain in China

In China’s embodied AI sector, 20 billion yuan has become the new threshold for admission to the top tier. At least five companies, ZhiPingFang, ZiBianLiang, XingHaiTu, QianXun Intelligence and Galaxea, have crossed that valuation line. The number is striking because private-market funding across China fell 32.65 per cent in the first half of 2026, and … Read more

Moore Threads revenue doubles in six months as it prepares a Hong Kong secondary listing

Moore Threads, the Chinese GPU designer that listed on Shanghai’s STAR Market in December 2025, plans a secondary offering in Hong Kong less than a year later. The company disclosed the plan alongside first-half results showing revenue of 1.736 billion yuan, up 147 per cent year on year. Moore Threads is pitching its KUAE ten-thousand-card … Read more

China’s CXMT just dethroned ICBC as the country’s most valuable listed company. The lesson is geopolitical, not financial.

On 27 July 2026, a ten-year-old memory-chip maker from Anhui province briefly became the most valuable listed company in China. CXMT, the country’s only domestic supplier of mass-market DRAM, closed its first day of trading with a market capitalisation of 3.28 trillion yuan. The stock rose 465.82 per cent from its issue price. CXMT’s market … Read more