News Snapshot:
Xpeng, one of the strongest Tesla competitors in China, is going for the robot toy market. Xpeng Robotics, one of their subsidiaries, just raised $100 million in a Series A investment round led by IDG Capital to use on their…hold on…robotic ponies. Well, actually, Xpeng Robotics isn’t working on robotic ponies but calles them robot unicorns, which, in the future, will give rides to kids. Unlike the robot dogs from Boston Dynamics, the Xpeng robot pony has no menacing aura at all – it’s cuteness all the way. Take a look at it in the teaser released last year, a...
