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

image via TechCrunch

August 28, 2026, 11:24 PM

• •Xpeng’s robotics unit raised more than $900 million at a post-money valuation above $6.3 billion.
• •Chery’s robotics unit AiMOGA is reportedly preparing for an IPO, and BYD unveiled a humanoid robot called Xiao Di.
• •Other Chinese automakers developing humanoid robots include Changan, GAC, Li Auto, SAIC, and Seres.
• •Michael Dunne said Xpeng is the Chinese automaker most focused on following Tesla’s autonomy and humanoid robot strategy.
• •Hyundai plans to deploy Boston Dynamics’ Atlas robot in its Georgia factory, while Mobileye and Rivian are also pursuing robotics initiatives.

Chinese automakers are increasingly investing in humanoid robotics as they look beyond low-margin car sales for future profits. TechCrunch highlights Xpeng’s robotics unit, which raised more than $900 million at a valuation above $6.3 billion, alongside moves by Chery, BYD, Changan, GAC, Li Auto, SAIC, and Seres. Analyst Michael Dunne says Xpeng is the Chinese automaker most closely following Tesla’s playbook, combining manufacturing strength with a push into autonomy and robotics. The article also notes broader competition from companies such as Boston Dynamics, Agility Robotics, Apptronik, Figure, Mobileye, and Rivian.

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