Found in Robotics News & Content, with a score of 9.72
…assembly at the Chery Super One Factory in Qingdao, China. Founded in 1997, Chery Automobile has established research and development centers in China, Germany, the U.S., and Brazil and an R&D team of more than 5,500 people. The Wuhu, China-based company said it has sold more than 10 million units of brands such as Arrizo and Tiggo. Established this year, the Chery Super Factory focuses on integrating advanced technologies and realizing digital transformation, according to Chery Automobile. It has an annual production capacity of 300,000 vehicles and 200,000 KD (knockdown kit) units. Chery claimed that it is one of the…
Found in Robotics News & Content, with a score of 9.65
…nation with its favorite books.” HAI Robotics expands beyond China Established in 2016, HAI Robotics said it is a pioneer in autonomous case-handling robotics (ACR) systems. The Shenzhen, China-based company said its customized warehouse automation uses advanced robotics technology and artificial intelligence algorithms. HAI Robotics serves industries including third-party logistics (3PL), apparel, e-commerce, electronics, energy, manufacturing, and pharmaceuticals. HAI Robotics obtained $15 million in Series B+ funding in March. The company's HAIPICK ACR series has obtained the CE Mark, meeting European safety standards. In addition, HAI Robotics said it has been expanding rapidly outside China, establishing offices in Tokyo and…
Found in Robotics News & Content, with a score of 9.64
…as 20 million by 2030, with 14 million in China alone. This increase will be challenging for governments and policy-makers as it will impact the economy, the workplace, and society. As a result of robotization, tens of millions of jobs will be lost, especially in poorer local economies that rely on lower-skilled workers. This will, therefore, translate to an increase in income inequality. However, the rise of robots will also be beneficial in terms of productivity and economic growth, leading to the creation of new jobs. How Robots Change the World The robotics revolution is rapidly accelerating as technological advances…
Found in Robotics News & Content, with a score of 9.60
…million (U.S.) in Series B equity financing. The Shanghai, China-based company said it plans to use the funding to accelerate the development of its Xuanyuan autonomous driving system and its deployment in electrification. “We will stick to full-stack independent development,” said Julian Ma, founder and CEO of Inceptio Technology.” Our goal is to speed up the mass production of vehicles, closed-loop business operations, and closed-loop data flows, because this is the fastest and most efficient way to achieve L4 autonomous trucks. We look forward to building Inceptio's nationwide autonomous freight service network and transforming 'sweat logistics' into 'smart logistics' in…
Found in Robotics News & Content, with a score of 9.56
…market, 2021 has brought us more success outside of China,” he noted. “We’re really looking forward to making our solutions available to a wider audience and cementing our position as a dominant player in North and South America, Asia, and Europe.” ForwardX follows supply chain demand Despite the COVID-19 pandemic, ForwardX said it has seen strong growth. Named by LinkedIn China as a Top 13 Startup, the company claimed that its flexible automation platform can “deliver better performance for customers at a better value.” “It’s an exciting time for us and the industry as a whole,” said Yaxin Guan, chief…
Found in Robotics News & Content, with a score of 9.50
…operating in five cities, including Suzhou, Shenzhen, and Wuhan, China. Qcraft is developing autonomy for a range of vehicles. Qcraft to deploy 'Dragon Boat' vehicles QCraft obtained permission to conduct public road tests in California four months after its founding in 2019. Since then, the company said it has entered a rapid growth phase. Qcraft has offices in Silicon Valley and in China. Yunfeng Capital led the funding round, with participation from Genesis Capital, Longzhu Capital, and IDG Capital. The startup dubbed its autonomous vehicles the Longzhou, or “Dragon Boat,” series, which will include ride-hailing services, buses, and shuttle buses.…
Found in Robotics News & Content, with a score of 9.50
…trillion yuan ($625 billion U.S.) “silver tech” market in China. In addition, the company has established a large-scale partnership with Amazon for remote health, safety, and security monitoring. New investors join backers Vayyar's Series E round includes first-time backers GLy Capital Management and Atreides Management LP. Existing investors included KDT, Battery Ventures, Bessemer Ventures, More VC, Regal Four, and Claltech. To support investor outreach in China, Vayyar engaged China International Capital Corporation Limited (CICC) as its lead financial adviser. “KDT is excited to help further Vayyar's vision to improve the health and safety of people's lives at a global scale,”…
Found in Robotics News & Content, with a score of 9.49
…range of tradeshows, including the 7th World Intelligence Congress, China Industrial Exposition 2023, CMEF 2023, Automate 2023, Metalloobrabotka 2023, and BUTECH 2023. One of the highlights was the Elfin-Pro collaborative robot, which integrated force control and vision technology. Building upon the success of the Elfin collaborative robot, the Elfin-Pro offers various models, easy deployment, high precision, high flexibility, double-joint module design, and modular design, the company said. It also incorporates cutting-edge AI technology, end-force control, and end-vision integration. The Elfin-Pro features a new surface treatment process, ensuring stability and reliability. With these advancements, the Elfin-Pro offers a better human-robot collaboration…
Found in Robotics News & Content, with a score of 9.40
…care, and automotive industries. CAD-IT, which has offices in China, South Korea, and Australia, said it has a wide network in Southeast Asia. It has a presence in Singapore, Malaysia, Thailand, Indonesia, Philippines, and Vietnam, serving more than 1,000 customers. Expanding Industry 4.0 adoption CAD-IT said it delivers end-to-end Industry 4.0 solutions encompassing additive manufacturing, augmented reality (AR), industrial internet of things (IoT), engineering simulation, and more. With manufacturing expertise gained through its production facilities in China, the company said it has delivered numerous multi-factory digital transformation projects in various verticals across Asia Pacific. “Partnering with Rockwell Automation gives us…
Found in Robotics News & Content, with a score of 9.31
…profitability and productivity. Rising labor costs in countries including China & India will support the material handling equipment market growth. The booming manufacturing sector in the region coupled with high-cost labor is compelling manufacturers to use sophisticated machinery to ensure high throughput in lesser time. Conventional manual techniques reduce the productivity and lead to time consumption. Traditional techniques for material handling are also prone to errors caused by human fatigue. Moreover, they also pose a restriction to the amount of load that can be transferred or stored. Bulk material handling & storage systems and industrial trucks are facilitating the management…
Found in Robotics News & Content, with a score of 9.27
…the International Federation of Robotics (IFR). Japan, South Korea, China, and Singapore are some of the biggest robotics exporters and consumers. The IFR found that Asia has the highest density of robots in the manufacturing industry. Robotics clusters faciliate networking To facilitate innovation and networking, organizations have developed to help bolster their local robotics clusters. They serve their communities as a space for research and development, networking for investment, and recruitment. Like a chamber of commerce or a typical business association, many of these organizations were created to drive investment in regional talent pools and to foster business-to-business partnerships. Check…
Found in Robotics News & Content, with a score of 9.27
…Asia, in comparison with 70% in 2020. Installations for China, the largest adopter in the region, grew strongly by 51%, with 268,195 units shipped. Every other robot installed globally in 2021 was deployed here. The operational stock broke the 1 million-unit mark, increasing by 27%, the IFR reported. This high growth rate indicates the rapid speed of robotization in China, it said. Japan remained second to China as the largest market for industrial robots. Installations were up 22% in 2021, with 47,182 units. Japan’s operational stock was 393,326 units, up 5% in 2021. After two years of declining robot installations…