Co founded in 2014 in Guangzhou, XPeng is a Chinese EV maker listed on NYSE and HKEX, with Volkswagen investing $700 million in 2023. XPeng unveiled Iron, its first humanoid robot, in November 2024, already deployed on its production lines assembling the P7+ model.
XPeng is a Chinese electric vehicle and artificial intelligence company headquartered in Guangzhou. Founded in 2014 by Henry Xia and He Tao, the company develops electric vehicles, autonomous driving systems, AI software, and intelligent manufacturing technologies, with a growing focus on embodied intelligence. Building on its expertise in autonomous driving, perception, and motion control, XPeng has expanded into humanoid robotics through its Iron robot program. Chairman He Xiaopeng has positioned XPeng as a global embodied intelligence company, committing up to ¥100 billion (approximately $14 billion) to AI and humanoid robotics as the company develops robots for manufacturing and future commercial applications.
Platform maturity, autonomy stack, and flagship-system specifications in one view.
A concise view of platform maturity and deployment footprint.
Capabilities and model layers highlighted by the company.
Published operating specifications for the lead system.
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XPENG Sets 2027 European Rollout Target for IRON Humanoid
XPENG has outlined plans to introduce its IRON humanoid robot in Europe during the second half of 2027, providing a more specific timetable for the company’s international robotics expansion.
Robotico
XPENG Opens Automated IRON Humanoid Production Line Ahead of 2026 Mass Production
XPENG has officially commissioned its humanoid robot production lines, moving its next-generation IRON platform from prototype development into production-line manufacturing.
Robotico
Robotics Enters a New Phase: Record-Breaking Humanoids and a Race for Real-World AI
Humanoid robots are moving rapidly from demonstrations toward commercial deployment, with major advances in mobility, funding, AI training, and industrial applications reshaping the robotics landscape.
Draken Tobio
Humanoids Break Records as Investment and Physical AI Accelerate
Humanoid robots are reaching new performance milestones while major investments and advances in Physical AI push the robotics industry closer to large-scale real-world deployment.
Draken Tobio
XPENG Robotics Raises Over $900M at $6.3B Valuation
XPENG’s humanoid robotics business has raised more than $900 million at a post-money valuation exceeding $6.3 billion, marking a record financing round for China’s embodied AI industry.
Draken TobioXPeng was co-founded in August 2014 by Xia Heng (Henry Xia) and He Tao, former senior executives at GAC Group with deep automotive expertise. Early backers included He Xiaopeng, founder of UCWeb and former Alibaba executive, who became the company's namesake, Chairman, and CEO. Lei Jun, founder of Xiaomi, also invested early.
The company raised aggressively: $400 million in November 2019, $500 million in July 2020 from Aspex, Coatue, Hillhouse, and Sequoia, then another $400 million in August 2020 from Alibaba, Qatar Investment Authority, and Mubadala. On August 27, 2020, XPeng raised $1.5 billion through an IPO on the NYSE, with shares climbing over 40% on the first day.
On November 8, 2024, XPeng unveiled Iron, its first humanoid robot, at AI Day 2024. Iron featured more than 60 joints and 200 degrees of freedom, marking XPeng's entry into embodied intelligence. Chairman He Xiaopeng announced a strategic upgrade, positioning XPeng as "a mobility explorer in the physical AI world."
By end of 2026, XPeng aims to achieve large-scale mass production of high-level humanoid robots. He Xiaopeng has indicated the humanoid robotics program could warrant up to ¥100 billion ($14 billion USD) in long-term investment, signaling one of the most ambitious commitments to humanoid robotics from an automotive company.
