XPENG’s robotics arm has raised more than $900M ahead of its humanoid production run
Covered by 2 sources
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XPENG's robotics division has secured over $900 million in funding as it prepares to mass-produce its IRON humanoid robot by the end of 2026. The robot, powered by XPENG's Turing chips, aims for initial deployment in company showrooms and factories, with broader commercial sales planned for 2027. XPENG targets producing one million units annually by 2030, with CEO He Xiaopeng personally overseeing the division amid competitive industry dynamics.
