XPENG’s robotics business has completed a 900M+ Series A funding round at a post-money valuation exceeding $6.3B, setting a new fundraising record for China’s embodied AI industry. The round was led by IDG Capital, joined by Gaorong Ventures, and strategically backed by Tencent and Alibaba, with XPENG retaining controlling ownership. The capital will accelerate full-stack hardware/software R&D, physical AI training, smart manufacturing infrastructure, and global market expansion. Backed by 12 years of in-house tech innovation—from physical foundation models to Turing AI chips and robust AI infrastructure—XPENG is uniquely positioned to lead the scale-up and commercial rollout of high-end humanoid robots. XPENG IRON is slated for mass production in late 2026, launching first in XPENG retail stores and campuses before rolling out globally with customer deliveries in 2027. $XPEV