XPeng Robotics Valued at $6.3B on $900M Funding
XPeng’s robotics unit Dogotix raises about $900 million in a funding round led by IDG Capital with strategic investors Tencent and Alibaba, valuing the unit at roughly $6.3 billion and signaling a standalone carve-out for the robotics business. Proceeds will fund hardware/software R&D, data generation, mass-production facilities, and global expansion, with Dogotix set to operate independently and XPeng retaining control; the IRON humanoid is planned for mass production by late 2026 and commercial launches in 2027.
Tech · 9 sources · Aug 24, 2026Read itThe journal
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About He Xiaopeng
He Xiaopeng is a Chinese entrepreneur, best known for co-founding companies including XPeng Motors, an intelligent electric vehicle manufacturer, and UCWeb, the Chinese mobile Internet software and service provider he co-founded in 2004. UCWeb was acquired by Alibaba Group in June 2014 in the largest merger and acquisition deal ever in the Chinese internet industry. After acquisition, he was named as president of UCWeb and president of the Alibaba Mobile Business Group, and later served as the president of Tudou & Ali Games.
Everything about He Xiaopeng →- Occupation
- businessperson
- Citizenship
- People's Republic of China
- Born
- November 3, 1977