Wang Xingxing, the 36-year-old founder of Unitree Robotics, entered the Hurun China Rich List for the first time on 27 October with a personal fortune of RMB 69.5 billion, ranked 78th. Hurun’s chief researcher called him the year’s biggest story in robotics and the second-largest new entrant on the list. That number is now being … Read more
Sharpa used IROS 2026 in Pittsburgh to launch three products at once, and the combination reveals a thesis that most dexterous hand companies have not adopted. On 28 September the company showed D01, a humanoid robot with electronic skin across its body. W02 is a full-palm tactile dexterous hand with 21 active degrees of freedom. … Read more
Renault’s third-quarter revenue beat expectations, and the composition of the beat says more about the European car market than the headline number does. Group revenue reached EUR 11.6 billion, about USD 13 billion, up 1.4 per cent at constant exchange rates. Analysts had forecast a decline of 0.3 per cent. Global volumes fell 6 per … Read more
BYD’s ultra-luxury sedan has a name. Yangwang, the group’s premium division, will call the car Dingyao, replacing the internal code HU, and the positioning is unambiguous. The model has been in development for three years, according to Hu Xiaoqing, general manager of Yangwang’s sales division, and continues the family’s design language. It is the division’s … Read more
Gotion High-Tech reported third-quarter results on 28 October, and the headline growth rate is less instructive than the shape of the business behind it. Revenue for the first nine months reached RMB 45.44 billion, up 53.98 per cent year on year. Non-recurring net profit, which strips out one-off gains, was RMB 252 million, up 195.54 … Read more
Chinese industrial profit grew 15.5 per cent in the first three quarters of 2026. Profit in car manufacturing fell 22.8 per cent over the same period, one of the steepest declines among major industrial sectors. The two numbers belong in the same sentence because they describe one mechanism. Data cited by Cui Dongshu, secretary-general of … Read more
Toyota is developing a new-generation hybrid system for its multi-pathway vehicle platform, and the engineering choice behind it is more consequential than the fuel economy target. Rather than adapting existing engines for hybrid duty, Toyota has developed the engine, the hybrid system and the power control unit together as a single powertrain. The new family … Read more
BYD’s headcount has passed one million people, a scale no other carmaker has reached and one that reframes how the company’s cost structure should be read. Speaking at the 33rd annual conference of the China Society of Automotive Engineers on 28 October, BYD chairman Wang Chuanfu said group employment had exceeded 1.02 million. About 960,000 … Read more
Sunwoda Power has a new industrial shareholder, and the transaction does two things at once: it hands Xiaomi a seat at the table and it removes the battery unit from its parent’s consolidated accounts. On 30 October, Shenzhen-listed Sunwoda disclosed that its subsidiary Sunwoda Power Technology carried out a C++ round of capital increase. Hanyu … Read more
Smart cockpit penetration in China reached 87.5 per cent of passenger cars in August. Screens and voice assistants are now standard equipment, which means they no longer differentiate anything. The competitive ground has moved to whether the assistant can actually finish a task. Tencent’s TAI agent stack connects the cockpit assistant to WeChat Pay, maps … Read more