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0.000281791907514564 0.00578034682080925 0.00903179190751445 0.00433526011560697 0.0101156069364162 0.0184248554913295 0.0180635838150289 0.0151734104046243
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XPeng to Invest $13.8B in Humanoid Robots to Scale Production [Yahoo! Finance]

Dana Incorporated (DAN) 
Last dana incorporated earnings: 4/30 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company looks at humanoid robots as a long-term project and is considering significant investments of up to 100 billion yuan ($13.8 billion). Per the Securities Times, XPeng's initial investment in this sector has been relatively conservative, given that it is still in its early stages. However, the company was prepared to allocate much larger funds. Having spent five years in humanoid robotics, XPeng anticipates remaining in the industry for the next two decades. In November, XPEV unveiled its first humanoid robot, named Iron, marking a major step into robotics. Iron boasts more than 60 joints and 200 degrees of motion, integrating AI-driven technology from XPeng's electric vehicles. The robot, standing at 5'8” and weighing 154 pounds, is already operational on XPeng's production lines, assisting in the assembly of upcoming EV models. Powered by XPeng's proprietary Turing AI chip, a 40-core processor designed for AI-heavy applications, such as robotics, autonomous driving a Show less Read more
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