Chinese EV maker XPeng (XPEV) is taking physical AI quite seriously as competition in the EV market heats up. After years of competing with Tesla (TSLA) in electric cars and autonomous driving technology, Chinese automaking giants like XPeng are looking to mass-produce humanoid robots, targeting a market beyond transportation.
In that regard, Xpeng CEO He Xiaopeng is set to take charge of the company’s robotics business as it comes “on the eve of mass production and commercialization” of Xpeng's humanlike IRON robots. With its aim of mass-producing the IRON robots this year and launching commercial sales in China and overseas next year, we take a closer look at XPeng.