Xpeng Robot Unit to Raise $900 Million From Likes of Alibaba
2 sources·Updated August 24, 2026
Covered by 2 sources
- ET Tech·2h agoXpeng's robotics unit valued at over $6.3 billion after record funding round
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said. CEO He Xiaopeng announced in June that he would…
Read at ET Tech → - Bloomberg Technology·3h agoXpeng Robot Unit to Raise $900 Million From Likes of Alibaba
Xpeng Inc.’s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., bolstering the automaker’s push into humanoid robots.
Read at Bloomberg Technology →