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

This story is from 2026-08-24. It is preserved in the archive; the latest stories are on the live feed.

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…

Read the full story at South China Morning Post Tech ↗

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  1. 2026-08-24 13:29 · South China Morning Post Tech
    EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

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