MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment 
Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability 
Faraday Future Delivers First Robots in Middle East, Plans September Launches 
Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada 
Trump Threatens Bombardier U.S. Sales Ban 
Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab 
Xiaomi Shares Jump on Europe EV Expansion Plan 
Audi, SAIC Launch China Innovation Hub for New AUDI Models 
Brazil Court Suspends Sigma Lithium Mine Operations 
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations 
SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says 
SEC Seeks ISS Client Voting Records in Proxy Adviser Probe 
Spire Healthcare Shares Jump on £1.03 Billion Takeover Deal 
Anthropic Nears $15 Billion Credit Deal Ahead of IPO 
Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Add as a preferred source on Google
Chinese EV maker Xpeng (NYSE:XPEV) is gearing up for a massive investment in humanoid robots, with potential spending reaching 100 billion yuan ($13.8 billion), CEO He Xiaopeng revealed during China’s annual parliamentary session.
Xpeng, which has been working in the humanoid robotics sector since 2020, introduced its Iron robot in November to compete with Tesla's (NASDAQ:TSLA) Bot. While the company’s current investment is modest, He indicated that Xpeng is prepared to allocate significantly more funds, suggesting up to 50-100 billion yuan over the next two decades, according to state media outlet Securities Times.
China's policymakers have highlighted humanoid robots as a priority for technological advancement, prompting automakers to explore opportunities in the sector. Stellantis-backed Leapmotor (HK:9863) has also entered the field, assembling a research team to develop robots for industrial applications, such as factory automation. Leapmotor CEO Zhu Jiangming stated that their robots aim to enhance efficiency by replacing human labor in assembly lines.
According to He, automakers could invest 1-2 billion yuan annually in robotics to optimize operations and explore new applications. The push into humanoid robotics aligns with China’s broader tech ambitions, positioning companies like Xpeng at the forefront of innovation beyond EV manufacturing.
With growing competition in both the electric vehicle and robotics sectors, Xpeng’s strategic bet on humanoid robots signals its long-term vision to diversify and lead in emerging technologies.
