XPeng robotics unit raises $900M at $6.3B valuation

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XPENG robotics business raises over US$900 million at a post-money valuation of over US$6.3 billion, accelerating physical AI deployment

August 24, 2026 6:08 AM EDT

XPENG robotics business raises over US$900 million, at a post-money valuation of over US$6.3 billion, marking the largest single-round private financing ever recorded in China's embodied AI industry.This round was initiated by leading global investors, led by IDG Capital, with participation from Gaorong Ventures and support from Tencent and Alibaba as strategic investors.The funding will accelerate XPENG... More