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XPENG Robotics Raises $900M+ First Round at $6.3B+ Valuation

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XPENG Robotics secured over $900 million in its first external funding round, valuing the business at more than $6.3 billion. The investment will support R&D, mass production, and global expansion of its IRON humanoid robot, expected to enter mass production by the end of 2026.

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