China's Race to Develop Humanoid Robots Following Tesla's Lead

Reported about 2 months ago

China's robot manufacturers are accelerating efforts to create battery-powered humanoid robots to work in factories, inspired by Tesla's leadership in electric vehicles. At the World Robot Conference in Beijing, numerous companies showcased humanoid robots, backed by substantial government funding and a robust supply chain. Analysts predict the global humanoid robot market could reach $38 billion by 2035, with Chinese firms aiming to lower production costs significantly. Despite competition, experts believe it may take several decades for these robots to be widely utilized in production.

Source: YAHOO

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