XPENG’s robotics division just landed a $900M funding round, valuing its physical AI unit at $6.3B — the largest private capital raise for physical AI in China. The cash will power development of its IRON humanoid robot, including full-stack AI research, team incentives, data generation, and mass production facilities. Despite EV business headwinds, major investors like IDG, Tencent, and Alibaba are betting big on IRON, which features 76 degrees of freedom and runs on XPENG’s custom Turing chips for real-time dexterity. Mass production targets end-2026, with deployments starting in XPENG’s own facilities and customer deliveries by 2027 — fueling a feedback loop of learning and improvement.
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