Nio autonomous driving chief Ren Shaoqing reportedly ventures into embodied robotics You Should Know
Ren has reportedly founded an embodied robotics company that may have already secured funding.
Ren has reportedly founded an embodied robotics company that may have already secured funding.
Dogotix has secured $900 million in funding commitments, with $600 million from external investors including IDG Capital, Alibaba, Tencent and Gaorong Ventures.
Nio plans to make a strategic investment in the physical AI and embodied intelligence company founded by Ren and collaborate with it.
Several Wall Street banks believe that external capital has established an independent valuation benchmark for Xpeng’s robotics business.
Leapmotor believes that as an NEV maker with in-house R&D capabilities, it is well positioned to develop embodied robots.
The expert will oversee robot foundation-model development, with the team planned to remain below 50 people.
BYD will provide complex auto manufacturing environments and real-world operating data for robot validation and model iteration.
Xpeng Iron will use high-energy solid-liquid hybrid batteries, reflecting delays in the commercialization of all-solid-state technology.
Wang Naiyan has left to launch a physical AI venture, becoming the latest core tech talent from China’s auto industry to enter the emerging field.
ByteDance is reportedly exploring an entry into autonomous driving, with the project now in an early preparation stage.