Xpeng Motors plans $13.8 billion investment in humanoid robots

Evidence notes
- • Xpeng Motors announced plans to invest up to 100 billion yuan ($13.8 billion) in humanoid robotics over the next two decades.
- • CEO He Xiaopeng stated that the company has been involved in the humanoid robot industry for five years and may continue for another 20 years.
- • Xpeng unveiled its humanoid robot, Iron, in November 2024, positioning it as a competitor to Tesla's Optimus.
Company context
XPeng is an EV manufacturer. In late 2025 it unveiled IRON, a humanoid developed using its existing autonomy stack, battery expertise, and in-house manufacturing capability.