Gravis Robotics raised $200M in Series A funding led by SoftBank, the largest in construction robotics. The Zurich-based company retrofits excavators with autonomous kits to improve productivity and safety.
Volkswagen China will roll out its full-scenario advanced driver-assistance system across three joint ventures starting in Q3 2026, covering seven new electrified models. The system, developed by CARIZON (a JV with Horizon Robotics), could be followed by a Level 3 system in H2 2027.
Pony.ai has incorporated a new technology company in Foshan with a registered capital of 20 million yuan, covering intelligent robot R&D and AI applications.
The Shenzhen Stock Exchange will release a new photovoltaic index on August 14, joining recent launches of smart driving and robotics indices on the ChiNext board, to track new productive forces sectors.
Former DJI executive's startup Strutt has completed a Pre-A+ round, raising nearly $100 million cumulatively. Its autonomous wheelchair product EV1 has started overseas delivery, with a test-drive conversion rate near 50%.
Moove has secured $250 million in Series C funding to expand its autonomous vehicle infrastructure, including fleet ownership and robotic depots. The investment will support global market launches and a 220% increase in its AV workforce by year-end.