Chinese automakers are following Tesla’s bet that robots are the next big profit machine — Live Feedhttps://www.live-feeds.com/feed/chinese-automakers-are-following-tesla-s-bet-that-robots-are-the-next-big-profit-machineContinuously updated, source-cited coverage. Chinese automakers bet on robots as next big profit machinehttps://www.live-feeds.com/feed/chinese-automakers-are-following-tesla-s-bet-that-robots-are-the-next-big-profit-machinehttps://www.live-feeds.com/feed/chinese-automakers-are-following-tesla-s-bet-that-robots-are-the-next-big-profit-machine#u52696Mon, 31 Aug 2026 03:57:26 +0000Chinese automaker Xpeng's robotics unit is valued at over $6.3 billion after a record funding round. The company is betting on robots to be more profitable than its cars, following Tesla's lead. Xpeng's shares sank due to a weak delivery forecast, despite the successful funding round. The company is pushing forward with its robotics plans, including humanoid robots.Why it mattersThe global automotive industry is shifting focus towards robotics and autonomous technology. Chinese automakers, including Xpeng, are investing heavily in robotics to stay competitive. This trend is driv