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Tech · The IRON humanoid and Dogotix

Robotics

XPeng's humanoid robot IRON, and Dogotix, the company that holds XPeng's robotics business.

What shareholders own

IRON sits in Dogotix, wholly owned by XPeng at 24 Aug 2026. After the Series A, XPeng's stake would be: [1, 2, 3]

After the round
81.97%
After 250.4m of its shares go to the staff plan
73.97%
Fully diluted
68.41%
  • The round was agreed on 24 Aug 2026, conditionally and in stages; nothing filed by 2 Oct confirms a closing (XPeng's Chinese releases call it completed).
  • If Dogotix has not listed within 7 years, the outside investors can require Dogotix, its main subsidiaries or XPeng to buy them out.

Where it stands

IRON humanoid robot

Production line open

Line opened 8 Sep 2026 · mass production targeted end-2026

3 earlier steps

  1. Research

    Robotics team formed in Shenzhen; XPeng and He Xiaopeng invested from 2020 [4]

  2. Demonstration

    First IRON shown; XPeng says it already works on its P7+ assembly line [5]

  3. Plan or target

    New IRON shown; XPeng sets mass production for the end of 2026 [6]

  1. Production

    Small-batch trial production begins at a Guangzhou factory (XPeng via media) [7]

  2. Production

    Production line opens; the first IRON walks off it [8, 9]

What's ahead

12–18 Oct 2026Humanoid robots on XPeng's Paris show standAnnounced

XPeng's release of 30 Sep 2026 names humanoid robots as one of the four zones of its stand. [10]

Nov 2026 – Feb 2027Dogotix: IDG's second tranche, US$130mPlanned

Due three to six months after the 24 Aug 2026 agreement, under its terms. [1]

End-2026IRON in mass productionTarget

Set at Tech Day, 5 Nov 2025; restated 8 Sep and 1 Oct 2026, first use in its own stores and campuses. Output (20 Mar call): “over 1,000 units” a month in the English remarks; 上千台 by year-end in He's Chinese answer. [6, 8, 11, 12, 13]

In the Management Tracker →

End-2026Guangtang robot base built and producingTarget

Guangzhou Daily, 31 Aug 2026: completion and production expected within the year. The district builds the base; XPeng is its core intended partner. [14, 15]

Q1 2027IRON as a sales guide in XPeng's China storesTarget

XPeng's Q1 results release, 28 May 2026; its 21 Jul release adds a gradual spread to markets abroad the same year. [16, 17]

Mid and H2 2027IRON: monthly capacity of several thousandTarget

He Xiaopeng on the Q2 call, 24 Aug 2026: monthly capacity can ramp up to “several thousand units” with demand, from the middle and second half of 2027. [18]

2027IRON: launch and deliveries in China and abroadTarget

XPeng's Q1 release, 28 May 2026: deliveries to business customers in China and abroad from 2027. He Xiaopeng on the Q2 call, 24 Aug: mainly retail and service customers. Repeated 8 Sep. [19, 18, 8]

In the Management Tracker →

How it got here

  1. Robot pony from Pengxing, an XPeng-backed robotics company [4]

  2. Dogotix becomes wholly owned by XPeng [20, 2]

  3. New IRON shown; mass production set for end-2026 [6, 21]

  4. Dogotix agrees a staged Series A; implied value US$6.3bn [1]

  5. Production line opens; the first IRON walks off it [8, 9]

Explore the evidence

Full dated history

  1. Plan or targetIRON humanoid robot

    XPeng's Paris Motor Show release says it is advancing IRON's mass production; humanoid robots are one of the four zones of its stand.

    XPeng, Paris release · 1 Oct 2026

  2. Company

    XPeng's interim report still calls the Dogotix round conditionally agreed, in stages. The outside investors' stakes are to be shown outside shareholders' equity, because they can be bought back.

    Interim report 2026

  3. ProductionIRON humanoid robot

    After its first robot supplier conference (22 Sep), XPeng says it has signed agreements selecting its parts suppliers and is scheduling production on its lines. It restated this in Chinese on 1 Oct.

    XPeng, supplier conference; XPeng, September deliveries · 2 Oct 2026

  4. ProductionIRON humanoid robot

    The IRON production line opens and the first robot finishes automated final assembly and walks off it. XPeng says over 80% of core processes are automated and the robot was not remote-controlled. Full item →

    XPeng, IRON line opens; XPeng, IRON line

  5. BuildingIRON humanoid robot

    The Guangtang humanoid robot base in Guangzhou's Tianhe district is topped out; completion and production are expected within the year. The district builds it; XPeng is its core intended partner.

    Media Guangzhou Daily

  6. Company

    Dogotix conditionally agrees a Series A of about US$900m, in stages: US$600m from IDG Capital, Gaorong, Tencent and Alibaba, US$200m from XPeng, US$100m from companies of He Xiaopeng and Brian Gu. Implied value US$6.3bn after the round. Full item →

    Dogotix announcement

  7. CompanyXPulse arithmetic

    XPulse arithmetic: at the round's price (US$2.0268 a share), XPeng's 73.97% would be worth about US$4.66bn and its fully diluted 68.41% about US$4.69bn. The 81.97% is not valued: the staff-plan shares come out of XPeng's.

    Dogotix announcement; Interim report 2026 · 28 Sep 2026

  8. Company

    Unaudited management accounts of XPeng's robotics business in Dogotix: a loss of RMB369m in 2025 and RMB87m in 2024, and net liabilities of about RMB447m at 31 Mar 2026.

    Dogotix announcement

  9. ResearchIRON humanoid robot

    XPeng first gives the production IRON's joints: 76 degrees of freedom, 21 in each hand (82 and 22 on the 2025 robot). Chips, controllers, motion modules and hands are its own.

    XPeng, robotics first round

  10. Plan or targetIRON humanoid robot

    He Xiaopeng on the Q2 call: scaled production by the end of 2026; launch and deliveries in China and abroad in 2027, mainly to retail and service customers; monthly capacity of several thousand from the middle and second half of 2027.

    Q2 2026 call

  11. ProductionIRON humanoid robot

    Small-batch trial production of the humanoid robot has begun at a Guangzhou factory, XPeng told Beijing Business Today, with the mass-production line in final tuning.

    Media Beijing Business Today

  12. Plan or targetIRON humanoid robot

    XPeng shows its humanoid robot in Australia for the first time and says IRON will work as a sales guide in its China stores from Q1 2027, spreading gradually to markets abroad the same year.

    XPeng, Australia strategy

  13. Plan or targetIRON humanoid robot

    He Xiaopeng takes charge of the robotics business as its CEO, in an internal letter as reported; mass production by the end of 2026, guiding and selling in XPeng's stores first. Full item →

    Media NBD, 10 Jun

  14. Plan or targetIRON humanoid robot

    XPeng's Q1 results: the mass-production IRON to be unveiled in Q3, its own robot hand finished at much lower cost, and IRON expected in XPeng's stores as a sales guide from Q1 2027.

    XPeng, Q1 2026 review · 2 Jun 2026; XPeng, Q1 2026 results

  15. Plan or targetIRON humanoid robot

    He Xiaopeng: from 2027, robot hardware and AI-model revenue will be one of the main drivers of XPeng's revenue and gross-profit growth (an expectation, not guidance).

    XPeng, Q1 2026 review · 2 Jun 2026

  16. Plan or targetIRON humanoid robot

    An output target for the end of 2026 on the Q4 call: “over 1,000 units” a month in the English prepared remarks; in He's own Chinese answer, 上千台 (a thousand-plus) by year-end, with no time unit.

    Q4 2025 call, English; Q4 2025 call, Chinese

  17. BuildingIRON humanoid robot

    Ground is broken on the Guangtang humanoid robot park in Guangzhou's Tianhe district, about 110,000 m² of floor space; XPeng signs with the district as its core intended partner.

    XPeng, Guangtang robot base

  18. Plan or targetIRON humanoid robot

    He Xiaopeng on the Q3 2025 call: he expects annual robot sales above 1 million by 2030 (an aspiration, as reported).

    Media IT之家, 17 Nov 2025

  19. DemonstrationIRON humanoid robot

    XPeng's Tech Day shows a new IRON with a bionic spine, flexible skin, 82 degrees of freedom (22 per hand) and three Turing chips, and sets mass production for the end of 2026.

    XPeng, Tech Day 2025; Media CnEVPost

  20. DemonstrationIRON humanoid robot

    IRON appears in a store for the first time, helping sell the G7, as reported.

    Media Sina Finance

  21. Plan or targetIRON humanoid robot

    He Xiaopeng says IRON is in use at XPeng's Guangzhou factory and plans mass production in 2026, as reported.

    Media IT之家, 3 Nov 2025 · 3 Nov 2025

  22. DemonstrationIRON humanoid robot

    The first IRON is shown: 178 cm, 70 kg, 62 degrees of freedom (15 per hand), already at work on XPeng's P7+ assembly line.

    Media Electrek

  23. Demonstration

    XPeng shows PX5, a two-legged humanoid robot.

    Media IT之家, PX5

  24. Company

    XPeng completes its purchase of the 74.82% of Dogotix it did not already own, for about US$99m, agreed on 29 Sep; He Xiaopeng's XProbot had held 56.83% of Dogotix's shares.

    Dogotix purchase, 2023 · 29 Sep 2023; Interim report 2026 · 28 Sep 2026

  25. Demonstration

    XPeng names Pengxing, an affiliated robotics company, and its robot pony. The team formed in Shenzhen in 2016; XPeng and He Xiaopeng invested from 2020.

    XPeng, Pengxing robot horse

Plain words
Dogotix
The company that holds XPeng's robotics business, registered in the Cayman Islands and controlled by XPeng.
Fully diluted
XPeng's stake if every share promised to staff, executives and investors were issued.
Degrees of freedom
The number of joints that can move. The production IRON has 76, with 21 in each hand.
Details & sources

Every fact is dated by the time it describes; a figure by when it was first stated. A product line shows only the steps it has reached, each dated and sourced. The step “Plan or target” (a hollow ring) records when a target was set; it never counts as progress, and what it aims for is under What's ahead, never shown as reached. Where XPeng's Chinese and English differ, the Chinese stands. What XPeng reported, what it targets, what others say and XPulse's own arithmetic are kept apart and labelled. Research as of 5 Oct 2026.

Research as of 5 Oct 2026