62 h. ago What Happens if China’s Humanoid Robotics Boom Becomes Its Next Big Crisis?

What Happens if China’s Humanoid Robotics Boom Becomes Its Next Big Crisis?  convergence-now.com

Events

7 d. ago China’s humanoid robot boom has Beijing worried about a bubble

China’s humanoid robot boom has Beijing worried about a bubble  Malay Mail

Politics

7 d. ago China’s top economic planning agency warns of rise of too many robots

Beijing has flagged risks of excessive duplication in China’s rapidly growing humanoid robot sector, vowing to strengthen guidance for an industry that officials have identified as an important engine of future growth. Driven by an influx of new capital, the number of humanoid robot companies in China has climbed to over 150 and is continuing to grow, National Development and Reform Commission (NDRC) spokeswoman Li Chao told a news conference in Beijing on Thursday. “More than half of them are...

Events

8 d. ago China Warns of Bubble Risk in Booming Humanoid Robotics Industry

China Warns of Bubble Risk in Booming Humanoid Robotics Industry  Bloomberg.com

Events

8 d. ago China state planner asks humanoid robot firms to avoid repetitive products

China state planner asks humanoid robot firms to avoid repetitive products  Reuters

Politics

9 d. ago Chinese carmakers boost robotics efforts, Xpeng posts record revenue: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape Leading Chinese electric vehicle (EV) maker Xpeng reported record quarterly revenue and sharply narrowed losses in the third quarter, even as its Hong Kong-listed shares fell on Monday after investors...

Politics

1 week ago China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share placement in Hong Kong – its sixth and largest such fundraising since last year, riding on growing industrial orders and the sector’s momentum. The Shenzhen-based company aimed to sell 31,468,000 new shares for HK$98.80 each, representing a discount of around 11.4 per cent from the closing price on Monday, according to a filing to the Hong Kong stock exchange on...

Economics

2 w. ago As Elon Musk plans a robot army, China’s humanoid bots are already on the market

As Elon Musk plans a robot army, China’s humanoid bots are already on the market  Los Angeles Times

Technology

2 w. ago China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

Leading Chinese electric-vehicle (EV) maker Xpeng reported record quarterly revenue and sharply narrowed losses in the third quarter, even as its Hong Kong-listed shares fell on Monday after investors shrugged off a bullish call from JPMorgan. The Guangzhou-based firm’s net loss narrowed by nearly 80 per cent to 380.9 million yuan (US$53.6 million) in the third quarter from 1.81 billion yuan a year earlier, according to a filing to the Hong Kong stock exchange. Revenue surged 101.8 per cent year...

Politics

2 w. ago 'Army of robots': China's humanoid bots marching in unison spook the internet in viral video

'Army of robots': China's humanoid bots marching in unison spook the internet in viral video  Times of India

Technology

3 w. ago Chinese humanoid robot makers seize the spotlight at Shenzhen’s hi

China’s humanoid robot manufacturers on Friday took centre stage at the opening of the 27th China Hi-Tech Fair in Shenzhen, as the demand for these machines in enterprises gathers speed. The fair, which will run through Sunday, has put the spotlight this year on artificial intelligence and robotics innovation. With about a dozen of its products on display at this year’s event, Unitree Robotics drew one of the largest crowds on opening day, as it featured humanoid robots dancing and engaging in...

Politics

3 w. ago China’s humanoid robots: UBTech scores US$112 million in factory orders

Chinese companies are populating factory floors with human-shaped robots, according to Shenzhen-based UBTech Robotics, which claims to have racked up orders worth more than 800 million yuan (US$113 million) for its Walker S2 model this year. The robot maker said on Monday that it secured an order worth 159 million yuan from a company in Zigong, in southwest China’s Sichuan province – its second-largest single order, following one for 250 million yuan in September. UBTech, which in 2023 became...

Economics

3 w. ago Is Musk Conceding Ground? And Does XPENG’s IRON Signal China’s Lead in the Humanoid Robot Race?

Is Musk Conceding Ground? And Does XPENG’s IRON Signal China’s Lead in the Humanoid Robot Race?  CleanTechnica

Technology