Xpeng Motors

The National People’s Congress is planning a venture fund that could reach 1 trillion yuan as China focuses on producing and using robots.

Swiss-Mile is productizing a robot that puts wheels onto a four legged robot, and XPENG released a video of of its humanoid at work.

In 2020, autonomous vehicles left other technology applications in the dust. Other areas of robotics receiving funding or merger and acquisition activity included supply chain automation, surgical robots, and quadrupeds.

In August 2020, autonomous vehicles, industrial automation for manufacturing and supply chains, and healthcare robotics continued to receive funding.

In July 2020, autonomous vehicles, industrial automation, and surgical robots continued to receive funding at steady levels in comparison with the same period last year.

Autonomous vehicles, sensors, food preparation, and surgical robots received funding in November 2019.

Chinese startup Xpeng Motors has raised a total of almost $1 billion as it develops electrical and autonomous vehicles.