Horizon Robotics’ Losses Widen as R&D Spending Stays High

Horizon Robotics' losses widened for the first half of 2026 as the Chinese autonomous driving technology provider kept research-and-development spending high, while its founder said the company aims to break even around 2028.

Hong Kong-listed Horizon Robotics posted an adjusted net loss of 1.7 billion yuan ($253 million) for the first six months of 2026, widening by 25.4% from the same period a year earlier, according to its financial report released Monday. Revenue grew 32.9% year-on-year to nearly 2.1 billion yuan in the first half.