A humanoid factory in Beijing, operated by Lingyi iTech, has quickly produced 300 robots since its opening in late April, with plans to reach 10,000 units this year. The company aims to increase production to 500,000 robots annually by 2030, potentially reducing the price of humanoids, currently around $30,000, by half.
Despite the excitement, the market is still uncertain, as most orders consist of just one or two robots, raising questions about repeat purchases. The Chinese government is actively promoting humanoid technology, opening showrooms to attract customers, and supporting companies to enhance China's image as a leader in deep tech.
Analysts emphasize that the success of humanoid robots hinges not only on hardware but also on the integration of AI and robotics software. Companies like Nvidia are entering this space, collaborating with manufacturers like Unitree, which already derives 40% of its revenue from international markets.
However, concerns about a potential bubble in the humanoid sector persist, as the government encourages participation in this politically favored industry. The developments in China's humanoid market could have significant implications for global robotics and investment strategies