Chinese language electrical automobile maker Xpeng sees humanoid robots as a long-term venture and is contemplating giant investments that might go as much as C¥100-billion (R250-billion), state media reported its CEO as saying on Monday.
CEO He Xiaopeng stated on the sidelines of the annual parliamentary session that whereas the corporate’s present funding might be thought of conservative given the way it was within the early phases of coming into the sector, it was prepared to speculate far more, the Securities Occasions reported.
“Xpeng has been working within the humanoid robotic trade for 5 years, could proceed to be within the enterprise for one more 20 years, and will make investments extra C¥50-billion and even C¥100-billion,” he stated, with out disclosing the corporate’s present funding.
The Guangzhou-based EV maker entered the humanoid robotic trade in 2020 and unveiled its humanoid Iron in November to rival Tesla Bot.
Xpeng is amongst an growing variety of automobile makers betting on humanoids, which Chinese language policymakers have signalled as an space they wish to see tech breakthroughs in.
Stellantis-backed Leapmotor has arrange a robotic staff of dozens of individuals, which is at the moment within the pre-research stage, CEO Zhu Jiangming instructed reporters on Tuesday. The merchandise are geared toward adoption in industrial situations resembling Leapmotor manufacturing facility assemblies the place robots can exchange human to enhance work effectivity.
Learn: Apple is shifting its focus to house robots
Automobile makers may make investments C¥1-billion to C¥2-billion/yr in relevant situations to deploy humanoid robots, in keeping with He, the Financial View report on Tuesday. — Qiaoyi Li and Brenda Goh, (c) 2025 Reuters
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