Market Chatter: Automobile Maker GAC Launches Humanoid Robot

MT Newswires Live2024-12-30

Guangzhou Automobile Group (HKG:2238, SHA:601238) launched a third-generation embodied intelligent humanoid robot, Yicai Global reported Dec. 27.

The android, GoMate, has autonomous navigation capabilities using the company's pure vision autonomous driving algorithm. It has two- and four-wheel modes based on the application scenarios, according to the report.

The Chinese automobile maker intends to start the small-scale production of the android in 2026 and gradually expand the production scale, Yicai reported.

The company's Shanghai shares fell 2% and Hong Kong shares slipped more than 1% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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