XPeng Robotics Secures $900M to Accelerate Humanoid Robot Development, Targets 2026 Production
XPeng's robotics division has raised over $900 million, boosting its valuation to $6.3 billion, to advance its ambitious humanoid robot project, IRON. This significant funding round aims to push the IRON robot into mass production by late 2026, positioning XPeng to potentially outpace rivals in the rapidly evolving humanoid robotics sector.