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Chinese automakers are following Tesla’s bet that robots are the next big profit machine

Chinese automakers are ramping up investments in humanoid robotics, with Xpeng's latest funding round of over $900 million marking a significant milestone in China's AI industry. As companies like BYD and Chery join the race, Xpeng aims to...

TechCrunch· Aug 29, 2026 · 12:22 PM · 55 views

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Chinese automakers are ramping up investments in humanoid robotics, with Xpeng's latest funding round of over $900 million marking a significant milestone in China's AI industry. As companies like BYD and Chery join the race, Xpeng aims to enhance its robotics capabilities to compete directly with Tesla.

Full story and more reels: https://newsreel.video #news #breaking #robots #AI #automotive

Originally reported by TechCrunch. Read the full story →

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