China's Humanoid Robot Revolution: Chasing Tesla in the Race for Automation

China is focusing on the development of battery-powered humanoid robots to replace human workers in EV production. The World Robot Conference in Beijing showcased Chinese companies' advancements in robotics, backed by government support. Analysts predict the industry will see massive growth and reduced production costs in the coming years.


Devdiscourse News Desk | Updated: 23-08-2024 09:45 IST | Created: 23-08-2024 09:45 IST
China's Humanoid Robot Revolution: Chasing Tesla in the Race for Automation
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China is aggressively pursuing the development of battery-powered humanoid robots aimed at replacing human workers in electric vehicle (EV) production.

At the World Robot Conference in Beijing, numerous Chinese companies presented factory-ready humanoid robots and specialized parts. The drive is backed by government initiatives and a deep supply chain network, reminiscent of China's early EV industry.

Goldman Sachs forecasts the global market for humanoid robots to reach $38 billion annually by 2035, with significant cost reductions expected in the manufacturing process. Industry leaders believe that China's rapid iteration and production capabilities will enable it to compete effectively, despite Tesla's early lead in artificial intelligence.

(With inputs from agencies.)

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