[Xpeng Robotics Business Secures Over $900 Million in First Round of Financing, Post-Money Valuation Exceeds $6.3 Billion] According to Reuters, Xpeng Group's humanoid robotics business has signed an equity financing agreement with multiple investors, raising over $900 million and achieving a post-money valuation exceeding $6.3 billion, setting a new record for single-round private equity financing in China's embodied intelligence industry. This round of financing was led by IDG Capital, with participation from Gaorong Capital, and received strategic support from Tencent and Alibaba. The funds raised in this round will primarily be used for the research and development of Xpeng Robotics' software and hardware, iterative training of physical AI models, high-quality data collection, full-chain mass production base construction, and global commercialization expansion.