From BYD to Chery, XPeng to Leapmotor, around 20 automakers have invested in the humanoid robot sector. It highlights an industrywide strategic shift toward embodied intelligence — driven by deep synergies between the automotive and robotics industries in technologies, supply chains and manufacturing systems that enable seamless capability migration.
XPeng secured more than $900 million in the first round of financing for its robotics business last week, pushing the unit's post-money valuation above $6.3 billion. The deal marks the largest single private equity fundraising round in China's embodied intelligence sector to date, underscoring investor confidence in automakers' push into next-generation robotics.
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