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

    ByteDance AI video tool Seedance accused by Disney of copyright ‘smash and grab’

    ByteDance’s latest video generation model Seedance 2.0 has blown people away for its ability to rapidly generate lifelike videos, but is also receiving blowback globally for alleged intellectual property (IP)…

    Continue reading
    Asia-Pacific properties set to steal spotlight as mega-deals return in the Year of the Horse

    As Hong Kong, mainland China and several other Asian markets usher in the Year of the Horse on Tuesday, the region’s commercial real estate sector is expected to draw increased…

    Continue reading

    Leave a Reply

    Your email address will not be published.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