China’s Robot Rental Market on the Rise Amid Industrial Growth

Key Topics in this News Article:
News Snapshot:

China’s robot industry has been focused on making machines more affordable, intelligent, and versatile. At the recent World Robot Conference in Beijing, some companies showcased a different approach by offering robot rentals. One household-service robot manufacturer at the conference rents out robots for 3,000 yuan per month, significantly less than the 20,000 yuan it costs to build one. Initially providing one-day trials and weekly rentals, the company found success with the monthly rental model due to high demand and a booking schedule filled through December. The robotics industry in China has scaled up production significantly. The National Bureau of Statistics…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form