China is aggressively advancing in the humanoid robot industry, aiming to rival Tesla in building battery-powered robots for factory and warehouse use.
At the World Robot Conference in Beijing, numerous Chinese companies showcased robots and precision parts, underscoring the country’s strengths in supply-chain integration and mass production.
Backed by government support, including a $1.4 billion fund from Beijing and Shanghai, China is leveraging its experience from the electric vehicle sector to drive down costs and scale production.
Analysts predict the global market for humanoid robots could reach $38 billion by 2035, with China poised to play a leading role.