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…has offices in France and China. The company said it has many Fortune 500 customers and more than 2,000 systems installed worldwide. In 2020, the company had about 560 employees, revenues of approximately SEK 720 million ($78 million U.S.). It recently partnered with Ambi Robotics to build custom picking systems. In addition, DWFritz had an EBIT margin slightly dilutive to…
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…hospitals in countries such as China, Japan, South Korea, Germany, and the U.S. The company has developed a full research and development infrastructure and product portfolio including 3D cameras, machine vision algorithms and software, and intelligent robot programming. Mech-Mind said its full industrial 3D camera line also includes: Mech-Eye Laser: Equipped with fast structured light, Mech-Eye Laser boasts ambient light…
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…developer of autonomous vehicles in China, today announced the start of production of its Gen5 system for fully driverless robotic taxicabs. “Safety is our No. 1 priority, and it has to be built on a reliable foundation,” stated Dr. Jianxiong Xiao (a.k.a. “Professor X”), founder and CEO of AutoX, at an event at the Crowne Plaza Shanghai Anting. “Gen5 was…
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…$100 million (U.S.). The Hangzhou, China-based company said it plans to use the funding to accelerate development and scale production of its autonomous driving and advanced driver-assistance systems (ADAS). The intelligent driving industry will grow with more assisted driving, mature autonomous driving systems, and an improved autonomous driving ecology, stated Lin Zhang, founder of Freetech. “Our flexible L2 autopilot solutions…
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…Red Dot Award. The Zhengzhou, China-based company said it is world's first autonomous bus manufacturer to win the world-class industrial design award, as well as the only bus brand in China to be so recognized. Yutong said its combination of artificial intelligence, aesthetic design, and SAE Level 4 autonomous driving are why Xiaoyu 2.0 won the prestigious Red Dot Award.…
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…the U.K., the U.S., Japan, China and Hong Kong, and Singapore. Geek+ builds on commercial success In the past two years, Geek+ said it has automated the warehouses of some of the world's best-known brands such as Decathlon, Nike, Circle K, Walmart, and ASDA. The company claimed that it has the largest share of the global autonomous mobile robot (AMR)…
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…has offices in France and China, also provides build-to-print manufacturing capabilities to clients. DWFritz to enable rapid AmbiSort deployment Founded in 2018 as Ambidexterous Laboratories, Ambi Robotics said its systems can help scale e-commerce operations to meet demand while empowering humans to work smarter. The Emeryville, Calif.-based company’s AmbiOS configurable operating system uses Dex-Net simulation-to-reality technology to operate robots for…
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…Kong Stock Exchange. The Guangzhou, China-based automotive company is offering 85 million Class A ordinary shares in its global offering, and it could raise up to $2 billion (U.S.). XPeng said it designs, manufactures, and markets electric vehicles (EVs) to appeal to the large and growing base of middle-class consumers in China. The company is also developing full-stack autonomous driving…
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…test driverless cars in both China and the U.S., today announced that it has closed its $310 million (U.S.) Series C fundraising round. The Guangzhou, China-based company said it plans to use the financing to continue developing and commercializing its autonomous vehicle technology. “WeRide Master Platform, our core autonomous driving technology solution, has helped to accelerate the company’s development,” stated…
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…customers in the U.S. and China this year. In addition, state-owned China FAW Group Co. plans to start mass production of jointly-developed autonomous trucks this quarter, said Plus. The company recently hired Dennis Mooney from Navistar International Corp. and Chuck Joseph from Amazon.com Inc. to help scale up production and promote the adoption of its technology. Startups keep on trucking…
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…Road between Suzhou and Dunhuang, China. Not only could the technology from Plus have a dramatic impact on the $4 trillion global truck freight market, but each truckload is also an opportunity to reduce the burden of trucking on the environment, said the company. Plus is collaborating with truck manufacturers, fleets, and ecosystem partners to develop decarbonization transportation solutions including…
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…addition to testing in Guangzhou, China. The company claimed that it is the first to conduct fully autonomous vehicle testing “across two of the world's most dynamic mobility markets.” “Going completely driverless is key to achieving full autonomy and an indispensable catalyst to realizing our ambitious vision,” said James Peng, founder and CEO of Pony.ai. “As we continue to grow…
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…the competitive threat posed by China. China is poised to dominate the industrial robotics market of the future, due to its national plan for technological supremacy and the billions of dollars its government has invested in critical technologies, compared with the U.S.’s focus on private-sector development. The “Made in China 2025” plan started as a 10-year vision of shifting China…
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…Series D funding. The Shanghai, China-based company said it plans to use the money to continue research and development of optoelectric chips and to scale up production of its hybrid, solid-state lidar to 1 million units. Founded in 2014, Hesai said its goal is to provide high-performance products that can be mass-produced and customized. Its technology includes photoelectric chips, automated…
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…Series D funding. The Shanghai, China-based company said it will work with international partners to form a complete product line, from semiconductors and sensors to manufacturing, for assisted and autonomous driving. Founded in 2013, ZongMu has six research and development centers across China and in Stuttgart, Germany, as well as two factories in China. The company supplies advanced driver-assistance systems…
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