11月5日，小鹏汽车董事长何小鹏表示，小鹏的目标是在2026年底实现规模量产高阶人形机器人。同 时，小鹏将开放机器人IRON的SDK，与全球开发者共建人形机器人应用生态。同时，宝钢将成为小鹏 机器人IRON的生态合作伙伴，在巡检等工业领域探索场景应用。 上海证券认为，人工智能公司的涌现推动了通用机器人大模型的发展，助力人形机器人实现具身智能， 人形机器人产业链进入"百花齐放，百家争鸣"阶段。目前，人形机器人进入工业场景，已是国内外确定 性较高的应用趋势，人形机器人商业化落地可期。 公司方面，据上证报表示， *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 绿的谐波：市占率超60%，Iron手部12个关节均采用其产品，2026年机器人业务或贡献35%营收。 银轮股份：液冷散热方案解决3000T算力芯片温控难题，获小鹏二期工厂独家订单。 ...

Core Insights - Xiaopeng Motors plans to launch three Robotaxi models in 2026, featuring different seating capacities to meet diverse needs [1] - The Robotaxi will utilize four Turing AI chips, providing 3000 TOPS of effective computing power and designed for L4 autonomous driving [1][4] - Xiaopeng's strategy involves an open SDK for global partners to build a Robotaxi ecosystem, with Amap as the first partner [2] Group 1: Robotaxi Development - Xiaopeng's Robotaxi will adopt a pre-installed production model rather than the common retrofitting approach [2] - The Robotaxi will feature external interaction capabilities, allowing pedestrians to understand the vehicle's actions [2] - The company aims to balance the production of conventional vehicles and Robotaxi models to share BOM costs and R&D expenses [4] Group 2: Advanced Technology - The second-generation VLA model eliminates the "language translation" step, enabling direct generation of action commands from visual signals [5] - This model can utilize vast amounts of real driving video for training without manual data labeling, enhancing its ability to handle edge cases [5] - The second-generation VLA model will also be open-sourced for global commercial partners, with Volkswagen as the first strategic partner [5] Group 3: Future Products - Xiaopeng plans to introduce personal Robo models that will feature L4 and L2 driving capabilities [4] - The company is also set to mass-produce flying cars and humanoid robots, with the flying car designed for a range of over 500 kilometers and a cruising speed exceeding 360 kilometers per hour [5][7] - The humanoid robot will utilize solid-state batteries and three Turing AI chips, with a goal of mass production by the end of 2026 [7] Group 4: Market Potential - The global automotive market is valued at $10 trillion, while the market for robots is projected to reach $20 trillion, indicating a potentially larger growth trajectory for robotics [7] - Xiaopeng anticipates that the growth rate of flying cars will surpass that of traditional automobiles, suggesting a significant shift in market dynamics [7]

北京商报讯(记者陶凤王天逸)11月4日，据四川省公共资源交易信息网公示，深圳市优必选科技股份有 限公司中标"自贡数投人形机器人数据采集中心项目设备采购"项目，中标金额约1.59亿元，项目控制价 约1.62亿元。 ...

新老朋友远跨重洋、如约而至，第八届进博会将有155个国家、地区和国际组织参与，4108家境外企业参展，展览面积超过43万平方米，展览 面积和企业总数均创历史新高。 0:00 / 2:50 东方风来，百川汇海。11月5日至10日，第八届中国国际进口博览会（CIIE）在上海举办。 11月3日拍摄的国家会展中心（上海）内的进博会主题装饰。 新华社记者 方喆 摄 进博会不仅是展商云集的平台，更是全球新品首发地。本届进博会展示461项新产品、新技术、新服务，展示低空经济、人形机器人等新产 业，引入银发经济、冰雪经济等新题材。 11月4日，工作人员在第八届进博会技术装备展区调试机器人。新华社记者 王翔 摄 东方之约，世界共享。进博会正书写着一个个在高水平开放中合作共赢的发展故事。 11月3日拍摄的第八届进博会汽车馆内的未来出行展区。新华社记者 方喆 摄 摄像：陈杰、洪凌、李恒毅 编导：马牧旺青、鲍佳艺、赵晓晴 新华社音视频部制作 10月29日拍摄的国家会展中心（上海）南广场。新华社记者 刘颖 摄 记者：马牧旺青、周阳、阮帅、沈倩、狄春、李海伟 ...

Core Viewpoint - Bertli announced a joint investment with Jinrun Electric to establish Wuhu Bertli Drive Technology Co., Ltd, with a registered capital of 100 million yuan [1] Group 1: Investment Details - Bertli will invest 60 million yuan, holding a 60% stake, while Jinrun Electric will invest 40 million yuan for a 40% stake [1] Group 2: Business Focus - Bertli Drive will focus on the research, production, and sales of line control braking system motors, electronic control steering system motors, electronic control suspension system motors, frameless torque motors, pump motors, and servo motors [1] - The company will not engage in humanoid robot complete machine business [1] Group 3: Future Uncertainties - There are uncertainties regarding the smooth progress and timely completion of related work to achieve expected development goals [1]

Group 1: Company Performance and Strategy - The company plans to strengthen its supply chain and aims to empower Youteli to achieve approximately $4.5 billion in revenue within five years [3][4]. - The company has invested significantly in fixed assets, leading to high depreciation costs, which has affected net profit margins [3]. - The company maintains a long-term focus on R&D, which is expected to support its stock price despite current low net profit margins [3]. Group 2: Product Development and Innovation - Youteli is developing solid-state battery technology, with the first generation expected to be completed by Q1 2027 and mass production by Q3 2027 [4]. - The company is collaborating with a listed company on a magnesium-aluminum alloy structure for humanoid robots, with potential pilot orders in the near future [3]. Group 3: Market Expansion and Risk Management - The company is establishing a production base in the U.S. and investing in Saudi Arabia to enhance its overseas strategy and reduce costs [6][9]. - Lenovo is the largest single customer, and the company is working to diversify its client base to mitigate risks associated with reliance on a single customer [5]. Group 4: Future Directions and Opportunities - The company will continue to focus on the consumer electronics sector while exploring opportunities in AI, liquid cooling, and edge computing [8]. - The company is not pursuing the mobile phone market due to differing technical requirements for mobile casings [16]. Group 5: Financial Management and Support - The company is actively seeking government subsidies for technology upgrades at its factories in Anhui and Chongqing [13]. - The company has no plans for shareholding reduction and aims to enhance shareholder returns through effective market value management [10].

Core Viewpoint - The company Bertli (603596.SH) has announced a strategic investment in collaboration with Jinrun Electric to establish Wuhu Bertli Drive Technology Co., Ltd., with a registered capital of RMB 100 million, aiming to capitalize on industry development opportunities [1] Group 1: Investment Details - The company will invest RMB 60 million, holding a 60% stake, while Jinrun Electric will invest RMB 40 million for a 40% stake [1] - The establishment of the new company is part of the company's strategy to enhance technological autonomy, product diversification, and global market presence [1] Group 2: Product Focus - Bertli Drive will focus on the research, production, and sales of various electric motor systems, including line control braking system motors, electric power steering system motors, and servo motors [1] - This product range is crucial for the company's strategy in the automotive chassis sector and aligns with the trends in high-end new energy vehicles and intelligent driving [1] Group 3: Strategic Implications - The strategic layout is designed to mitigate supply chain risks and market competition, demonstrating the company's foresight regarding the transformation of the automotive industry [1] - The initiative also supports the company's entry into the humanoid robot key components industry, aligning with the interests of the company and all shareholders [1]

Core Viewpoint - The company, Fenda Technology, clarified that its subsidiary, Weir New Power, is not currently collaborating with Huawei in the electric motor sector, despite previous inquiries regarding their axial flux permanent magnet motors [1] Group 1: Company Operations - Weir New Power focuses on axial flux disk permanent magnet motors, which are applicable in humanoid robots and drones [1] - The company is engaged in collaborations with downstream enterprises in oilfield development and robotics, but the impact on the company's overall performance for the current year is minimal [1] Group 2: Client Relationships - Huawei has been mentioned as an important client and partner for providing relevant technical solutions, although the company has stated that there is no current cooperation with Huawei in the electric motor field [1]

Core Viewpoint - Bertli (603596.SH) has announced a joint investment with Jinrun Electric to establish Wuhu Bertli Drive Technology Co., Ltd., with a registered capital of RMB 100 million, aiming to seize industry development opportunities [1] Group 1: Investment Details - The company will contribute RMB 60 million, holding a 60% stake, while Jinrun Electric will invest RMB 40 million for a 40% stake [1] Group 2: Business Focus - Bertli Drive will primarily focus on the research, production, and sales of line control braking system motors, electronic control steering system motors, electronic control suspension system motors, frameless torque motors, pump motors, and servo motors [1] - The business does not involve humanoid robot complete machine operations [1] Group 3: Future Uncertainties - There are uncertainties regarding the smooth advancement and timely completion of related work to achieve expected development goals [1]

Core Viewpoint - Bertli (603596) has announced a joint investment with Jinrun Electric to establish Wuhu Bertli Drive Technology Co., Ltd, focusing on the development and production of various electric motor systems [1] Group 1: Company Overview - The registered capital of Wuhu Bertli Drive is 100 million yuan, with Bertli contributing 60 million yuan for a 60% ownership stake [1] - Jinrun Electric will invest 40 million yuan, holding a 40% stake in the new company [1] Group 2: Product Focus - Wuhu Bertli Drive will primarily research, produce, and sell line control motor systems, electric power steering system motors, electric suspension system motors, frameless torque motors, pump motors, and servo motors [1] - The company will not engage in the complete human-shaped robot business [1]