Tech Brief (Dec. 16): Unitree Robotics Launches App Store for Humanoids
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China approves first two Level 3 autonomous cars
The Ministry of Industry and Information Technology on Monday granted conditional approval to Chongqing Changan Automobile Co. Ltd. and BAIC BluePark New Energy Technology Co. Ltd. to build electric cars with Level 3 autonomous driving capabilities. The permits cover a Changan electric sedan and an Arcfox electric sedan, allowing them to conduct pilot operations in designated areas after passing necessary reviews.
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- China approved two Level 3 autonomous electric cars for pilot operations by Changan and BAIC BluePark.
- MetaX raised 3.899 billion yuan from a STAR Market IPO, and Ant Group’s rebranded AI health app reached 15 million monthly users.
- China’s AI market is forecast to reach 1.2 trillion yuan in 2025; Foxconn will invest $507 million in a new Kaohsiung headquarters.
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Who’s Who
- Chongqing Changan Automobile Co. Ltd.
- Chongqing Changan Automobile Co. Ltd. received conditional approval from China's Ministry of Industry and Information Technology to build electric cars with Level 3 autonomous driving capabilities. This authorizes their electric sedan for pilot operations in designated areas after regulatory review.
- BAIC BluePark New Energy Technology Co. Ltd.
- BAIC BluePark New Energy Technology Co. Ltd. received conditional approval from the Ministry of Industry and Information Technology to build electric cars with Level 3 autonomous driving capabilities. This permit covers an Arcfox electric sedan, allowing it to conduct pilot operations in designated areas after necessary reviews.
- MetaX Integrated Circuits (Shanghai) Co. Ltd.
- MetaX Integrated Circuits (Shanghai) Co. Ltd. will debut on the Shanghai Stock Exchange's STAR Market. The company plans to raise 3.899 billion yuan by offering 40.1 million shares at 104.66 yuan each. This capital will be used to fund the development of their high-performance graphics processing units.
- Unigroup Guoxin Microelectronics Co. Ltd.
- Shenzhen-listed chipmaker Unigroup Guoxin Microelectronics Co. Ltd. announced plans to establish a central research institute. This institute will focus on developing AI chips for autonomous driving, new memory devices using two-dimensional materials, and high-performance sensor chips. The company also restructured its management into seven departments for streamlined operations.
- Guangzhou Automobile Group Co. Ltd.
- Guangzhou Automobile Group Co. Ltd. (GAC) is backing Govy Technology Co. Ltd., its low-altitude mobility unit. Govy aims for mass production of its AirCab flying car by 2026, with prototypes already delivered and airworthiness certification in progress. Their AirJet flying car, designed for intercity travel, began production in late 2024, targeting commercial operations by 2028.
- Govy Technology Co. Ltd.
- Govy Technology Co. Ltd., a low-altitude mobility unit of Guangzhou Automobile Group Co. Ltd. (GAC), aims for mass production of its AirCab flying car by 2026. This multi-rotor model, designed for sightseeing, is undergoing airworthiness certification. Their AirJet flying car, for intercity travel, rolled off the production line in late 2024, targeting commercial operations by 2028.
- Ant Group Co. Ltd.
- Ant Group Co. Ltd., a fintech giant, rebranded its AI-powered health app AQ to Ant Afu. The app provides consultation and service features, boasting over 15 million monthly active users who collectively answer more than 5 million health-related questions daily. Over half of its users reside in third-tier cities or below.
- Unitree Robotics
- Unitree Robotics launched an app store for humanoid robots on Saturday. This platform allows users to upload and share trained models for various activities, including dancing and martial arts. Developers can download and deploy models, and the store also facilitates sharing real-world robot operation datasets to aid in training and optimizing algorithms.
- Foxconn
- Foxconn signed an agreement to invest NT$15.9 billion ($507 million) in a new headquarters in Kaohsiung. This complex, expected to break ground in 2027 and complete by 2033, will house research and development centers focusing on new energy vehicle technology, batteries, energy storage, and AI software.
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