XPENG Robotics Secures Over $900 Million to Advance IRON Humanoid Development
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- HumanoidsDaily
Chinese automaker XPENG has raised over $900 million for its humanoid robotics division, achieving a valuation exceeding $6.3 billion. This funding round, led by IDG Capital and Gaorong Ventures with support from Alibaba and Tencent, is the largest in China's embodied AI sector. The capital will be used to enhance hardware and software research, train physical foundation models, and expand manufacturing capabilities.
This significant investment underscores XPENG's commitment to integrating its robotics unit with its existing smart electric vehicle ecosystem, ensuring shared resources and operational efficiencies. The funds will support the establishment of a dedicated humanoid manufacturing hub in Guangzhou, designed to manage the entire lifecycle of the IRON humanoid, from data collection to automated assembly.
Looking ahead, XPENG aims to begin mass production of the IRON humanoid by late 2026, following a phased deployment strategy. The updated humanoid features advanced specifications, including 76 degrees of freedom and AI-native architecture powered by proprietary Turing AI chips, positioning it for complex autonomous tasks in various environments.
Original report
XPENG Robotics Raises Over $900 Million at $6.3 Billion Valuation to Industrialize IRON Humanoid
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