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EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

South China Morning Post
South China Morning Post
by Daniel Ren
Aug 24, 2026 · 6:59 PM
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EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m
Chinese electric vehicle (EV) maker Xpeng has secured US$900 million in funding from high-profile investors including Alibaba Group Holding and IDG Capital to spur its robotics unit, despite a widening second-quarter loss. Dogotix, a subsidiary of Xpeng, raised US$900 million in the latest round of…
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