Mentioned:
XPeng is making a big bet on the next frontier of disruptive technology: humanoid robots.
What’s happening:
- XPeng (NYSE: XPEV) has officially unveiled their newest humanoid robot known as IRON
Why it matters:
- IRON is the most advanced humanoid robot that XPeng has ever developed and leverages a proprietary chip that is manufactured by XPeng specifically for robotics and artificial intelligence powered systems
Going deeper:
- IRON is capable of having interactive conversations with human beings and will initially be rolled out in XPeng retail locations to act as both a tour guide and receptionist
- XPeng has publicly stated they are planning to begin mass production of IRON within a year as part of their effort to begin to sell more humanoid robots than electric vehicles
