Xpeng humanoid robots: $900m funding to scale series production by end of 2026

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Xpeng Humanoid robots

Xpeng takes the next step with humanoid robots

AMS Editorial AMS Editorial

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2 min

The robotics division has secured more than $900m in a recent investment round. The capital is intended to flow primarily into development, production facilities and commercialisation

The Chinese electric carmaker Xpeng is pushing ahead with the industrialisation of its humanoid robots. The company’s robotics division has concluded financing agreements worth more than $900m. Following the financing round, which according to Xpeng was the largest single private capital raising for Physical AI projects in China, the business is valued at more than $6.3 billion.

Xpeng is sticking to its timetable. Iron is scheduled to enter series production by the end of 2026, initially for use in Xpeng's own stores and facilities. A wider commercial launch, with first deliveries in China and international markets, is planned for 2027. The new funding makes that timetable more credible. But Xpeng will still need to show that it can manufacture humanoid robots reliably and at scale. He Xiaopeng – Xpeng

The company has also recently further developed the Iron once again from a technical standpoint. The current 2.0 generation works with three Turing AI chips developed by Xpeng, which together are said to provide an effective computing performance of up to 2,250 TOPS. This is intended to allow AI models to run directly on the robot and enable more complex tasks without permanent remote control.

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