New Wave Robotics has reported a significant update regarding the development of its autonomous vehicles. As of April 4, 2026, at 11:00 AM, the company has unveiled its latest advancements in robotics and AI technology.
On March 27, 2026, New Wave Robotics (stock code: 9868.HK) announced a major breakthrough in its artificial intelligence system, which is set to revolutionize the autonomous vehicle industry. This announcement was made during a press conference where the company’s CEO discussed the implications of their new AI capabilities.
Starting from April 1, 2026, the company will officially change its Chinese name from “New Wave Automotive” to “New Wave Robotics Group.” This rebranding reflects its commitment to becoming a leader in the robotics sector, particularly in areas such as AI-driven automation and smart transportation solutions.
In its recent financial report, New Wave Robotics highlighted an impressive revenue of 20.01 billion CNY for the year 2025, marking a substantial increase of 53.3% from the previous year. Notably, the market for intelligent humanoid robots accounted for 8.2 billion CNY, representing a staggering growth of 2203.7%.
Furthermore, the company has projected continued growth in 2026, with an anticipated revenue of 7.89 billion CNY, despite a decrease in earnings compared to 11.59 billion CNY in 2024. This is expected due to the ongoing investments in research and development, aimed at enhancing their product offerings.
In the realm of robotics, China has emerged as a dominant player, with the robot market expected to reach 840 billion CNY by 2021. This growth is attributed to various sectors, including industrial robots, service robots, and specialized robots.
Additionally, recent developments in the AI field have sparked interest from several major companies, including OpenAI. The ongoing partnership between New Wave Robotics and OpenAI is expected to yield innovative applications of AI, particularly in enhancing robotic capabilities for various industries.
As part of its strategy to lead the market, New Wave Robotics is participating in the upcoming MODEX 2026 exhibition, scheduled to take place from April 13 to 16, 2026. The exhibition will showcase their latest robotic solutions and AI applications, aiming to attract partners and clients from around the globe.
In summary, New Wave Robotics is poised for significant growth and innovation in the robotics and AI landscape, with a strong foundation built on advanced technology and strategic partnerships. The company aims to redefine the future of transportation and automation.
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