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China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

The Guangzhou-based firm’s net loss narrowed by nearly 80 per cent to 380.9 million yuan (US$53.6 million) in the third…

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New Business

China’s humanoid robots get factory jobs as UBTech’s model scores US$112 million in orders

Chinese companies are populating factory floors with human-shaped robots, according to Shenzhen-based UBTech Robotics, which claims to have racked up…

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New Business

Xpeng says robotics industry will get bigger than automotive sector in the next few years

Chinese electric vehicle (EV) maker Xpeng said the robotics industry will become larger than the automotive sector in the next…

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