FINETalks 2026 第2期 机器人与电动汽车锂电池系统 高效热与安全综合管控研究 徐 俊 讨论话题 直播时间 2026.1.30 > 15:30-16:30 转发朋友圈 免费看直播 添加微信时,请备注"姓名+单位"邀请入群 · 西安交通大学教授 · 西安交通大学机器人研究院 副院长 · 锂电池热管理技术的机遇与瓶颈 · 人形机器人与电动汽车锂电池高效热管理 · 电池低温情况下如何自加热 · 锂电池全生命周期安全管控的落地痛点与解决方案 · 锂电池安全监测技术探索,及其在储能 / 新能源汽 车领域落地前景 回放链接：https://6ugos.xetlk.com/sl/1WSa6H 或扫码看回放 锂电池作为核心能量供给部件，已广泛渗透至 电动汽车、工业机器人、储能电站等关键场景 ，成为支撑 新兴产业发展的核心基石。尽管锂电池应用场景持续拓宽，但热失控引发的安全风险仍是制约产业高质量 发展的核心瓶颈。 无论是电动汽车快充、高功率行驶工况，还是机器人复杂作业场景下的动态负载波动，都对锂电池系统的 高效热管理、精准温控及安全预警提出了严苛要求。 如何通过热管理系统结构优化、精细调控技术升 级、安全监测体系完 ...

Financial Data and Key Metrics Changes - The company reported record fourth-quarter revenue of $5.2 billion, an increase of 3% year-over-year on an adjusted basis [6][17] - Adjusted Operating Income totaled $607 million, with earnings per share at $1.86, reflecting a 6% increase from the prior year [7][18] - Operating cash flow was $818 million, with over half allocated to share repurchases and debt reduction [7][21] Business Line Data and Key Metrics Changes - Intelligent Systems segment revenue was $1.4 billion, a 2% increase year-over-year, but operating income declined by 17% due to investments and unfavorable FX [19][20] - Engineered Components segment revenue increased by 1% to $1.6 billion, with operating income up 8% and margin expanding by 60 basis points [20] - Electrical Distribution Systems (EDS) segment revenue grew by 5% to $2.3 billion, although operating income declined by 2% due to FX and commodities headwinds [20] Market Data and Key Metrics Changes - North America saw an 8% revenue growth, with double-digit growth in both Intelligent Systems and EDS [18] - European revenue decreased by 1%, while China revenue fell by 5%, reflecting unfavorable mix impacts [19] - Approximately 80% of new business awards in China were from local OEMs, indicating a shift in customer dynamics [19] Company Strategy and Development Direction - The company is focusing on penetrating non-automotive markets, leveraging trends in automation, electrification, and digitalization [4][5] - A significant emphasis is placed on enhancing the product portfolio and operational capabilities, including the launch of new innovations and partnerships in robotics [8][12] - The upcoming spin-off of the EDS business into VersaGen is expected to unlock value and enhance focus on core operations [5][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating a dynamic macro environment and highlighted the importance of operational efficiencies [4][30] - The outlook for 2026 includes expectations of revenue growth for both new Aptiv and VersaGen, with a focus on capturing higher-margin opportunities [23][26] - The company anticipates challenges from FX and commodity prices but remains optimistic about margin expansion in the long term [25][49] Other Important Information - The company finalized a leadership team for the EDS business, which is set to spin out as VersaGen on April 1 [5] - Full-year new business awards reached $27 billion, with expectations for 2026 bookings to exceed $30 billion [10][26] Q&A Session Summary Question: Insights on memory exposure and contract resets - The purchase value for memory is approximately $175 million, with expected low double-digit price increases in 2026 [35] Question: Guidance for new Aptiv into 2026 - The adjusted growth forecast for new Aptiv is 4%, with expectations for non-auto revenues to grow strongly [38][41] Question: EBITDA outlook for 2026 - EBITDA margins are expected to remain stable, with various factors impacting the outlook including commodity prices and investments [45][46] Question: Regional revenue performance expectations - North America is expected to lead revenue growth, while Europe may remain flat and China is anticipated to improve in the second half of the year [56] Question: Impact of EV volumes on VersaGen growth - The company expects EV growth of approximately 15% year-over-year, primarily driven by China [79]

Financial Data and Key Metrics Changes - The company reported record fourth-quarter revenue of $5.2 billion, an increase of 3% year-over-year on an adjusted basis [6][19] - Adjusted Operating Income totaled $607 million, with earnings per share at $1.86, reflecting a 6% increase from the prior year [7][20] - Operating cash flow was $818 million, with over half allocated to share repurchases and debt reduction [7][24] Business Line Data and Key Metrics Changes - Intelligent Systems segment revenue was $1.4 billion, a 2% increase year-over-year, but operating income declined by 17% due to investments and unfavorable FX [22][23] - Engineered Components segment revenue increased by 1% to $1.6 billion, with operating income up 8% and margin expanding by 60 basis points [23] - Electrical Distribution Systems (EDS) segment revenue grew by 5% to $2.3 billion, although operating income declined by 2% due to FX and commodities headwinds [23] Market Data and Key Metrics Changes - North America saw an 8% revenue growth, with double-digit growth in both Intelligent Systems and EDS [21] - European revenue decreased by 1%, while China revenue fell by 5%, reflecting unfavorable mix impacts [22] - New business awards in China totaled $5 billion, with significant contributions from local OEMs [10] Company Strategy and Development Direction - The company is focusing on penetrating non-automotive markets, leveraging trends in automation, electrification, and digitalization [4][5] - A spin-off of the Electrical Distribution Systems business into VersaGen is planned for April 1, 2026, aimed at enhancing shareholder value [5][10] - Continued investment in product innovation and operational efficiencies is emphasized to capture higher growth and margin opportunities [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating a dynamic macro environment and highlighted strong bookings across segments [4][35] - The outlook for 2026 includes expected revenue growth for both new Aptiv and VersaGen, with a focus on operational improvements and cost optimization [26][30] - Management acknowledged challenges from FX and commodity prices but remains optimistic about margin expansion in the long term [57][58] Other Important Information - The company generated $27 billion in new business awards for the full year, with a strong pipeline of commercial opportunities expected to increase in 2026 [10][18] - The company is committed to returning excess cash to shareholders, having repurchased approximately $3.5 billion in shares since Q3 2024 [25] Q&A Session Summary Question: Insights on memory exposure and contract resets - Management indicated that memory costs are approximately $175 million, with low double-digit price increases expected in 2026, and confidence in passing costs to OEM customers [38][39] Question: Guidance for new Aptiv into 2026 - Management reaffirmed the 4-7% growth target remains intact, with expectations for non-auto revenues to grow strongly [42][45] Question: EBITDA outlook for 2026 - Management provided a detailed breakdown of expected margin impacts, including commodity costs and investments in non-auto business growth [49][51] Question: Regional revenue performance expectations - Management expects North America to lead revenue growth, with flat to slightly down performance in Europe and improved performance in China [58][60] Question: Impact of EV volumes on VersaGen growth - Management anticipates 15% year-over-year growth in EVs, primarily driven by China, despite lower growth expectations in North America [84]

2月2日，据《科创板日报》报道，有知情人士称，智元将不参加2026年马年春晚。 根据目前披露的合作信息，机器人产业正成为本届春节联欢晚会的重要看点。 其中，银河通用机器人已获选为中央广播电视总台2026年春节联欢晚会的官方指定具身大模型机器人供 应商。宇树科技则第三次携手成为本届春晚的机器人技术合作伙伴。 与此同时，松延动力也正式官宣，将作为总台2026年春晚的人形机器人合作伙伴亮相。 本文系观察者网独家稿件，未经授权，不得转载。 原因是预算有限的前提下，智元优先保障具身智能技术及产品研发的费用。 另据知情人士透露，智元机器人正在彩排全球首个大型机器人晚会"机器人奇妙夜"，该晚会由数百台各 类机器人主导，集合唱歌、跳舞、小品、走秀等多元节目，将于近期上线直播。 ...

Core Insights - EdisonFuture Motor Inc., a subsidiary of Phoenix Motor Inc., has launched a U.S.-manufactured robotic dog platform aimed at commercial deployment [1] - The new platform will be delivered through a scalable Robot Fleet as a Service (RFaaS) model, indicating a shift towards recurring revenue services [1] - This initiative marks a strategic expansion into advanced robotics and autonomy, enhancing Phoenix Motor's technology portfolio [1]

Core Insights - The article highlights the significant advancement in humanoid robotics, marked by the completion of a $200 million Series B funding round by Zhujidi Power, which sets a new record for single-round financing in the humanoid robot sector [1][10] - The company aims to transform humanoid robots from experimental tools into practical productivity tools across various sectors, including manufacturing, logistics, and home environments [1][10] Company Overview - Zhujidi Power, established in 2022, focuses on the ultimate goal of developing general-purpose humanoid robots, featuring a full-size humanoid platform capable of switching between bipedal and wheeled forms [1][10] - The company's proprietary Agentic OS (LimX COSA) system enables robots to think and act like humans, showcasing advanced capabilities in real-world applications [1][10] Technological Advancements - The core competitive advantage of Zhujidi Power lies in its integrated technology system, combining hardware, brain-like processing, and an operating system [2][11] - The TRON 2 robot supports flexible configurations for various applications, while the LimX COSA system allows robots to autonomously adapt to dynamic environments [2][11] Market Applications - Strategic investments from major players like JD.com and NIO Capital will facilitate the deployment of TRON robots in Asia's largest smart warehouses, with potential applications in logistics sorting and retail guidance [2][11] - The company's "IDS Collaborative Innovation Strategy" aims to lower technical barriers by providing an open software and hardware platform for developers [2][11] Commercialization and Future Outlook - Zhujidi Power plans to officially launch its full-size humanoid robots for sale in the second half of 2026, with the TRON 1 already delivered to numerous educational and research institutions since its release in October 2025 [15] - The funding signifies a pivotal moment in the humanoid robotics industry, transitioning from technology validation to large-scale commercialization, with significant growth projected in the coming years [15] Industry Context - The humanoid robotics sector is expected to witness substantial growth, with projections indicating that by 2025, global financing in this field will exceed 100 billion yuan, with Chinese companies accounting for over 60% [15] - The industry faces challenges such as cost control, scene adaptation, and safety regulation, but historical trends suggest that those who confront these challenges will lead the technological revolution [16]

中新社武汉2月2日电题：湖北"智慧工厂"机器人"上岗"忙 中新社记者梁婷 智能体工厂蓬勃发展，离不开产业支撑。数据显示，2025年湖北人形机器人、人工智能产业营收保持 20%以上增长，其中人工智能产业近5年复合增长率近40%。 目前，湖北集聚人工智能企业逾1200家。其中，人形机器人核心企业超80家，关联性企业近千家，形成 了完整产业生态；"天问""荆楚""光子"等系列机器人实现产业化落地，应用场景覆盖工业制造、应急巡 检、仓储物流等领域。 湖北已出台系列政策措施，从科技创新突破、产业能级培育、数字底座打造、应用场景拓展等方面发 力，壮大智能经济。 武汉大学、华中科技大学等34所在鄂高校成立人工智能研究院或人工智能学院，针对性加强高层次人才 培养。湖北省级财政持续发力，2025年发放5000万元人民币算力券，按算力使用10%给予企业奖励，最 高补贴100万元人民币，为智能体工厂建设提供算力支撑。 中国信息通信研究院华中研究院副院长黄子沛表示，湖北正依托41个工业大类完备产业体系，将丰厚的 工业场景资源，系统性转化为人工智能发展新优势。 "研发、视觉、品质等多类智能体在统一体系中互联互通，共同完成复杂任务，展现 ...

全球排名第五的智能移动机器人企业迦智科技，准备在港交所上市，中金为上市保荐人 ▶ 获联想基金及字节跳动旗下量子跃动入股 ▶ 内地收入占比高，惟业绩仍录得亏损 Image Key takeaways: 随着软硬件技术不断突破，机器人应用不再是科幻小说情节，尤其工业已大量应用，主攻智能移动机器人解决方案的浙江 迦智科技 股份有限公司，趁近期机器人热潮，正式向港交所递交上市申请文件。 公司由拥有控制科学与工程博士学位的熊蓉创办，现任集团董事会主席，主要负责集团整体战略规划，亦是公司主要股东，连同旗下 管理及控制持股平台，在上市前持有29.61%股权。 其他知名股东还包括 联想集团 （0992.HK）持股的联想基金、据报是字节跳动旗下的量子跃动及内地上市公司 中控信息 （688777.SH），分别在上市前持有迦智科技5.8%、4.9%及2.35%股权。 迦智科技核心业务为智能移动机器人，整体上智能机器人是指具备智能行为的机器人，通过人工智能、机器学习及先进控制技术等， 展现类似人类认知及身体能力，其中智能移动机器人配备导航装置，由机载控制系统进行控制，能按照环境感知及建模功能，在复杂 环境中实现自主行为，执行货物运输 ...

通知 | 关于举办"2026大湾区工业具身智能大会"的通知 机器人产业蓬勃发展，正极大改变着人类生产和生活方式，为经济社会发展注入强劲动能。2023年年初， 工业和信息化部联合十六大部委印发《"机器人+"应用行动实施方案》，目标到2025年，制造业机器人密 度较2020年实现翻番，服务机器人、特种机器人行业应用深度和广度显著提升，机器人促进经济社会高质 量发展的能力明显增强。11月12日工业和信息化部又印发《人形机器人创新发展指导意见》，提出人形机 器人有望成为继计算机、智能手机、新能源汽车后的颠覆性产品，并明确2025年实现批量生产。 各项政策加持，热度非凡，行业活动也层出不穷，小编通过网络搜集整理了 未来2026上半年国内外机器人 及人工智能领域行业活动活动榜单 ，供大家参考。 2026.02.01-06.30 机器人及人工智能相关活动预告 1 2026脑机接口开发者大会 时间： 2026.02.03-02.04 地点： 天津富力万达文华酒店 主办单位： 脑机接口产业联盟、脑机交互与人机共融海河实验室、天津大学 2 2026年第18届机器学习与计算国际会议(ICMLC 2026 时间： 2026.02.0 ...

Core Viewpoint - The incident of the IRON humanoid robot falling during its first public showcase in Shenzhen has sparked significant attention, highlighting both the challenges and advancements in humanoid robotics technology [1][11]. Group 1: Incident Overview - The IRON robot, developed by XPeng Motors, fell once during its walking demonstration at a public event, which drew immediate public interest [1]. - XPeng's Vice President, "Thomas Electric Train" (Yu Tao), provided a quick explanation and noted that the event's host cleverly alleviated the awkwardness by reflecting on the importance of overcoming setbacks in life [1]. - XPeng's Chairman, He Xiaopeng, shared a metaphor on social media, likening the robot's fall to a child's learning to walk, emphasizing resilience and progress [5][7]. Group 2: Product Specifications - IRON is XPeng's first mass-production humanoid robot, set to debut in November 2024, with plans for large-scale production by the end of 2026 [10]. - The robot is designed at a 1:1 human scale, standing 178 cm tall and weighing 70 kg, featuring a bionic structure with 82 degrees of freedom, including 22 in the hands [10]. - It is equipped with three self-developed Turing AI chips, achieving a total computing power of 2250 TOPS, and can run a 30 billion parameter model locally [10]. Group 3: Market Context - The humanoid robot market is experiencing significant growth, with major companies like Yushun and Zhi Yuan achieving annual shipments exceeding 5,000 units, indicating a substantial increase in production capacity [14]. - The market concentration is high, with the top three companies holding a combined market share of 79.63% as of the first half of 2025 [15]. - The Chinese humanoid robot market is projected to reach sales of 122,700 units by 2030, supported by government policies and substantial funding [17].