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China's Xpeng may invest up to $13.8b in humanoid robots: report

China's Xpeng may invest up to $13.8b in humanoid robots: report

FILE PHOTO: He Xiaopeng, co-founder and chief executive officer of XPeng, speaks about the company's humanoid robot development at a launch event for its MONA M03 electric vehicle (EV), in Beijing, China August 27, 2024. REUTERS/Florence Lo/File Photo

Chinese electric vehicle maker Xpeng sees humanoid robots as a long-term project and is considering large investments that could go up to 100 billion yuan ($13.80 billion), state media reported its CEO as saying on Monday.