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flag Xpeng, a Chinese EV maker, plans a massive $13.8 billion investment in humanoid robots.

flag Chinese electric vehicle maker Xpeng is considering a $13.8 billion investment in humanoid robots, according to its CEO, He Xiaopeng. flag The company, which entered the robot industry in 2020, unveiled its humanoid robot Iron in November to compete with Tesla's bot. flag Xpeng expects to remain in the sector for another 20 years, with automakers potentially investing $1-2 billion annually in robot deployment.

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