A German President Test-Drove a Volkswagen With a Chinese Brain

Germany’s federal president inspected the state of Sino-German automotive technology in person on 27 October, and the object of inspection was a driver-assistance stack built by a Chinese chip company. Frank-Walter Steinmeier and his wife visited Volkswagen Group China Technology in Hefei during a state visit to China. Horizon Robotics founder and chief executive Yu … Read more

Alibaba’s Second Embodied AI Exit in Six Weeks Is Now a Hangzhou Startup

On 28 October, Chen Mingxiu registered Muling Technology in Hangzhou’s Yuhang district. Registered capital was about RMB 1.5625 million. The stated direction is physical recursive self-improvement, the idea that a robot should improve its own learning process through contact with the physical world rather than depend on human annotation and on-site tuning. Chen previously headed … Read more

Two Months Old, Hundreds of Millions Raised, and No Product

HyperVolve Intelligent has closed an angel round in the several hundreds of millions of yuan. BlueRun Ventures China led, with SenseTime Guoxiang Capital, Legend Star, Inno Angel and a Tsinghua alumni seed fund participating. Lansong Capital is long-term strategic financial adviser. The company began operating in late August. Two months and no product is, on … Read more

Ant Group Led RMB 100 Million Into a Company That Weaves Sensors Into Cloth

Juqiao Industrial has closed a RMB 100 million Series A led by Ant Group, with existing shareholders Zero-One Ventures, Weihai Gangrong and Qingdao Hexin increasing their positions. Multi-Dimension Capital acted as sole financial adviser. The money goes into production capacity for electronic skin, into tactile and multimodal research, and into applications in robotics, home products … Read more

A CNY 10,000 Robot Filed Confidentially for Hong Kong. The Exam Is Delivery

On 23 October Bloomberg reported, citing people familiar with the matter, that Beijing robot company Songyan Dynamics had filed confidentially for a Hong Kong initial public offering aiming to raise several hundred million US dollars. A listing could come as early as next year. Discussions are continuing and size and timing may change. The company … Read more

JPMorgan Put Optimus Output at 20,000 Units. All of Them Train Tesla’s Own Models

Two things happened on the same day in different places, and read together they explain more than either does alone. On 23 October JPMorgan published a note titled Tesla Optimus ramp more gradual, selective on humanoid supply chain. Its read on production at the Fremont plant was blunt. Guidance is for 10,000 to 20,000 units. … Read more

CATL Signed 3GWh of Sodium-Ion Storage for Germany, Austria and Switzerland

INTILION, a European energy storage solutions provider, has signed a memorandum of understanding with CATL covering 3GWh of sodium-ion storage systems over the next five years in the German-speaking market. The deployment covers Germany, Switzerland and Austria, with product going to grid-level peak shaving and commercial and industrial storage. The agreement covers 3GWh of CATL’s … Read more

CATL Says 2027 for Solid-State, and Its Own Chairman Says the Technology Is Half Done

CATL expects to reach small-batch production of all-solid-state batteries in 2027, the company said on 27 October, responding to an investor question on the Shenzhen Stock Exchange interactive platform about progress at its Hefei sulphide solid-state pilot base. The company said it continues to invest firmly in all-solid-state technology and that its position is industry … Read more