According to industry sources, XPeng Group's robotics business has completed its first funding round, raising over $900 million. The round was led by IDG Capital, with participation from Gaorong Ventures, Tencent, Alibaba, and other investors. XPeng Group will continue to hold a controlling stake in the robotics business. Following the investment, the robotics business is valued at over $6.3 billion (approximately RMB 43 billion).
