He Xiaopeng: Xpeng humanoid robot IRON will begin mass production at the end of the year

He Xiaopeng, Chairman of XPeng Inc., stated at the 2026 semi-annual financial report meeting that the humanoid robot IRON plans to enter large-scale production by the end of this year and will implement commercial scenarios in XPeng stores and parks. In 2027, IRON will officially launch, targeting external customers in the retail and service industries, with large-scale deliveries in China and overseas, and monthly production capacity can quickly increase to several thousand units. He has also served as the CEO of the robotics business since June of this year, integrating resources such as the automotive supply chain, automotive-grade manufacturing, global layout, and Turing AI chips to promote mass production and commercialization.

On the same day, XPeng announced that its humanoid robot business has secured over $900 million in its first round of financing, with a post-investment valuation exceeding $6.3 billion. IDG led the investment, with Gao Rong Venture Capital, Tencent, Alibaba, and others subscribing for $600 million, while XPeng Inc. and senior executives including He Xiaopeng subscribed for $300 million. He Xiaopeng believes that the technical threshold for advanced general-purpose robotics is at least 20 times that of smart cars, and the revenue and gross profit over the entire lifecycle of a single unit will be significantly higher than that of cars, expecting considerable gross profit after mass production to support physical AI research and development.

The pre-installed mass-produced Robotaxi equipped with the second-generation VLA has completed over 2,000 internal test orders in Guangzhou, and XPeng has completed the development of the cloud takeover platform, aiming to achieve passenger operations without safety personnel next year. The automotive business generated total revenue of 32.78 billion yuan in the first half of the year, delivering 166,000 vehicles, with a gross margin of 20.6%; it is expected to deliver between 115,000 and 121,000 vehicles in the third quarter, with total revenue between 21.7 billion and 23.4 billion yuan.