Gasgoo Munich- Here are the major developments in embodied intelligence and driver assistance this week:
Unitree launches STAR Market IPO issuance process
On the evening of July 30, Unitree Technology Co., Ltd. released its prospectus for an initial public offering on the STAR Market, along with issuance arrangements and preliminary inquiry details, officially kicking off the A-share listing process. According to the filing, the preliminary inquiry is set for August 5, 2026. Offline and online subscriptions will open simultaneously on August 10, with payments due by August 12.
Image Credit: Unitree Technology
Unitree plans to issue 40.45 million shares in this IPO, representing 10% of the post-issue capital. Total shares outstanding will reach roughly 404 million. The offering consists entirely of new shares, with no sale of existing holdings. The issuance combines strategic placement, offline inquiry-based placement, and online fixed-price issuance.
Unitree also released its earnings forecast for the first half of 2026. Revenue is projected between 1.05 billion yuan and 1.13 billion yuan, a year-on-year increase of roughly 35.6% to 45.4%. Net profit attributable to shareholders is expected to range from 258 million yuan to 306 million yuan. Meanwhile, non-recurring net profit is estimated at 236 million yuan to 283 million yuan, down 22% to 6.4% from the previous year—though the decline is expected to narrow significantly compared to the first quarter.
The company cautioned that as its revenue base expands and industry competition intensifies, growth rates could decelerate in the future.
XiaoZhi Take: Unitree's sober outlook on growth signals that embodied intelligence is a long-term play, not a short-lived hype cycle.
AgiBot launches Hong Kong listing process
Gasgoo Embodied Intelligence has learned that AgiBotZ (Shanghai) Technology Co., Ltd. has initiated the process for a Hong Kong listing, though it has not yet disclosed sponsors, filing dates, or fundraising targets.
This means the three-year-old leader in Chinese humanoid robotics is poised to enter the Hong Kong stock market, becoming another top-tier domestic embodied intelligence firm sprinting toward an IPO following Unitree Technology.
Market sources suggest AgiBot could list on the Hong Kong stock exchange as early as August. Corner investors are targeting a valuation between 40 billion and 50 billion Hong Kong dollars (roughly 34.6 billion to 43.3 billion yuan)—a massive leap from the 15 billion yuan valuation disclosed in 2025.
As of June 2026, AgiBot had rolled out 15,000 embodied intelligence robots. In 2025 alone, shipments of its humanoid robots topped 5,100 units.
On the commercial front, AgiBot founder and Chairman Deng Taihua revealed that revenue has surged from 300,000 yuan in the first year to over 60 million yuan in the second, surpassing 1 billion yuan by 2025. Driving this growth, the company's embodied robots have achieved large-scale deployment across diverse scenarios, including 3C manufacturing and industrial production lines.
XiaoZhi Take: The Hong Kong listing serves as a public test of Zhiyuan's commercial viability—and reflects capital market confidence that Chinese humanoid robots are moving from "technical validation" to "mass delivery."
Trump administration imposes import ban on Chinese humanoid robots
On July 28, the U.S. Federal Communications Commission (FCC) announced new control measures: banning the import of new Chinese-made humanoid and quadruped robots, while also restricting networked power inverters.
Image Credit: The White House
The FCC's move marks a formal expansion of the Trump administration's technology restrictions against China—extending beyond chips and large AI models into the realm of embodied robotics.
The scope of the FCC's control is limited to robot and inverter models not yet on the market. This means the ban only blocks new models lacking FCC certification; models already filed and currently on sale remain unaffected—for now. However, the FCC retains the power to revoke market authorization for previously approved devices.
On the surface, the new rules apply equally to all imported equipment. But according to Reuters, sources suggest the FCC will likely follow the pattern of previous restrictions on foreign drones and routers—granting exemptions to many non-Chinese manufacturers.
The implication is clear: the pressure will fall primarily on Chinese companies.
XiaoZhi Take: Extending controls to embodied robots confirms that China's robotics industry has become a core front in the U.S. tech rivalry.
BYD's humanoid robot to debut in August
Gasgoo Embodied Intelligence has learned that BYD's first humanoid robot product will make a public appearance at the BYD Space in Zhengzhou in early August.
Previously, "BYD Space | Zhengzhou Pavilion" released a teaser poster on July 25 with the caption: "In early August, a new friend wants to meet you." The image featured the silhouette of a humanoid robot shimmering within a high-tech halo.
This official confirmation implies that the long-rumored BYD humanoid robot project is finally materializing for the public—a critical step toward commercial deployment.
Back in May, BYD Executive Vice President Stella Li first confirmed in an interview that the company is developing humanoid robots. She highlighted BYD's core advantage: the AI, motors, batteries, and electronic control technologies honed in the automotive sector are highly transferable to robotics, allowing for direct reuse and significantly lower R&D and manufacturing costs.
Li also outlined a clear deployment plan: every future BYD offline store will feature two to three humanoid robots handling standardized tasks like reception, vehicle feature explanations, and interior demos—sometimes even operating actual cars. She predicted that these consumer-facing showroom robots could reach maturity for mass rollout within one to two years.
The early August debut at the Zhengzhou BYD Space serves as the first validation of this strategy.
XiaoZhi Take: Reusing powertrain and AI technologies gives automakers a cost edge over startups when crossing over into robotics.
Mojia Robotics global deliveries top 2,000 units
On July 30, Mojia Robotics announced that global cumulative deliveries have surpassed 2,000 units, with products and services covering over 60 countries and regions. This milestone marks a critical step in the company's shift from simple product exports to large-scale, systematic global expansion.
Image Credit: Chery Group
Mojia's globalization began in 2025 with its first deployment in Malaysian automotive marketing services. Since then, its business has expanded across Southeast Asia, the Middle East, Europe, Africa, and Latin America. This year, the company appeared at Thailand's Automation Thailand 2026 and launched its first AI experience center in Vietnam, accelerating its overseas footprint.
Currently, Mojia robots are widely used in diverse scenarios, including automotive marketing, public space guidance, smart policing, medical triage, and commercial reception. The company has secured international certifications such as EU CE and U.S. FCC approval, laying the groundwork for further market expansion.
XiaoZhi Take: Chinese robotics exports are moving beyond merely "selling products" to the stage of "putting down roots."
Delta Intelligence closes nearly 500 million yuan Angel++ round
Gasgoo Embodied Intelligence has learned that Delta Intelligence, a humanoid robot foundational model company, recently closed an Angel++ funding round worth nearly 500 million yuan. Investors included several corporate listed companies and top-tier financial institutions.
Notably, this is the company's sixth funding round within six months of its founding. Other backers include humanoid robot OEMs like Zhiyuan Robotics, Leju Robotics, and Xinghaitu; financial institutions such as Hillhouse Ventures, Oriza Holdings, Fosun RZ Capital, Meridian Capital, and Lenovo Capital; along with investors from the automotive and semiconductor sectors.
Founded in January 2026, Delta Intelligence was spun out of the Beijing Institute of General Artificial Intelligence. It possesses a full capability loop spanning foundational models, system architecture, and deployment.
Delta Intelligence stated that the proceeds will primarily fund three areas: continuous iteration of its humanoid robot foundational model, mass production of proprietary data collection devices and data loop construction, and expansion of the core R&D team. The goal is to drive engineering verification of its technology in real-world industrial scenarios.
XiaoZhi Take: Delta Intelligence's rapid fundraising pace reflects the intense capital market interest in the foundational technology behind humanoid robots.
Smart-driving "little blue light" banned for non-compliance with national standards
On July 29, the topic "Smart-driving little blue light to be banned" trended on Weibo.
This blue indicator light, often mounted on the roof, side mirrors, or rear of vehicles, fails to comply with the mandatory national standard GB 4785-2019, "Installation of lighting and light-signalling devices for motor vehicles and their trailers." Starting with the Ministry of Industry and Information Technology's 410th batch of product announcements (filed July 27, 2026), new vehicle applications featuring the light will not pass approval.
This means the "little blue light"—which first appeared on the Li Auto L9 in 2022—has seen nearly four years of proliferation before now hitting a temporary halt.
The immediate trigger for the ban was safety hazards exposed during actual use. The China Automotive Standardization Research Institute noted that the lights are being abused; blue light activated at night can cause glare for other road users, appearing harsh and interfering with nearby drivers' judgment of road conditions.
However, the ban is not the end but the starting point for standard revision. The National Technical Committee of Auto Standardization is revising GB 4785 under government guidance (Project No. 20262535-Q-339). Based on a 16-month cycle, the revision is expected to be completed in the second half of 2027. Unlike the 2019 version, leading smart-driving companies are now among the primary drafters. Internationally, the U.N. World Forum for Harmonization of Vehicle Regulations (WP.29) is also studying the issue.
In other words, the little blue light may well make a comeback in the future.
XiaoZhi Take: Technology outpaced standards for four years, only to be halted over safety concerns—a warning shot for all smart-driving innovation regarding compliance.
SiEngine raises over $200 million in first half
On July 31, Gasgoo Automotive learned that SiEngine completed a new strategic round in the first half of this year, raising over $200 million. New investors include Shandong Hi-Speed Group, Longding Investment, Zhuoyuan Asia, Weihua Group, Qingdao CITIC, Haifa Group, and Wuhan Jiangcheng Fund, with several existing shareholders participating.
Image Credit: SiEngine
According to Frost & Sullivan, SiEngine ranked first among Chinese automotive SoC suppliers by cockpit domain control SoC shipments in 2025. Its chips have been integrated into dozens of models, including Lynk & Co, Galaxy, FAW Hongqi, Changan Qiyuan, and Volkswagen's overseas models, with cumulative shipments exceeding one million units.
During the Beijing Auto Show this year, SiEngine unveiled the 5-nanometer "Longying No. 2" cockpit-driving fusion chip, featuring 200 TOPS of AI compute power, with adaptation planned for the first quarter of 2027. This is seen as a key step in SiEngine's pivot from in-vehicle computing to edge-side intelligence—the technical accumulation in high computing power, bandwidth, and safety from automotive-grade chips holds reusable value for industrial robots and embodied intelligence scenarios.
XiaoZhi Take: Million-unit automotive shipments provide the strongest credential for SiEngine's expansion from auto chips to edge intelligence.
