China’s AgiBot targets US$142 million revenue as march of humanoid robots gathers pace


AgiBot was expected to ship a total of 5,000 humanoid robots in 2025, chairman and CEO Deng Taihua said in a company event on Monday.

AgiBot’s output and sales targets, which the start-up confirmed on Tuesday, were expected to maintain “multi-fold” growth in 2026, according to Deng, with the company pushing ahead with commercialisation.

As part of its commercial strategy, AgiBot launched BotShare, a platform designed to make robot rental as convenient as power bank sharing, according to a company announcement on Monday.

The robotics industry is rapidly pivoting towards commercialisation. Photo: Handout
The robotics industry is rapidly pivoting towards commercialisation. Photo: Handout

The rental platform, targeted to expand to more than 200 mainland Chinese cities by 2026, would bring together users, developers, rental service providers and manufacturers to make humanoid robots more accessible to the public, said Jiang Qingsong, a partner at AgiBot and chairman of Botshare.

The industry is rapidly pivoting towards commercialisation amid fierce competition among a new wave of robot makers racing for dominance under Beijing’s support for the hi-tech sector.

  • Related Posts

    Why reopening of Lipulekh Pass matters for India, China and the Himalayas – Firstpost

    The reopening of the Lipulekh Pass after a six-year hiatus is about far more than the revival of a seasonal border trade route. It marks the return of one of…

    Continue reading
    OpenAI discussed giving Trump administration a 5% stake to ease AI regulatory hurdles: Report – Firstpost

    OpenAI has discussed giving the US government a 5 per cent equity stake as part of a broader proposal aimed at easing regulatory hurdles and aligning the country’s leading artificial…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *