XPeng said in an announcement that its robotics business has entered share purchase agreements with multiple investors to raise more than $900 million at

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

XPeng Robotics raised over $900M at a $6.3B valuation, backed by IDG Capital, Gaorong Ventures, Tencent, and Alibaba, to scale IRON humanoid