Changan Invests Big in Robotics, Aiming for Embodied Intelligence Solutions
Chinese automaker Changan Automobile is making a bold move into the world of robotics. The company has announced an investment of $31.8 million to co-found Changan Tiankshu Intelligent Robotics Technology Co., Ltd., or “Changan Robot Company,” with a total registered capital of around $63.6 million.Key Takeaways$31.8 million investment to launch Changan Tiankshu Intelligent Robotics Technology Co., Ltd.New company aims to develop humanoid robots and advanced robotics productsAction aligns with China’s national “15th Five-Year Plan” for technological advancementChangan is setting its sights on the future by venturing into embodied intelligence solutions through humanoid-robot technology. This strategic shift underscores a broader trend in the automotive industry, where companies are increas...