The Beijing-based startup, backed by battery giant CATL, is reportedly working with UBS and Citic Securities on a 2026 listing—though the company claims its current restructuring is merely for private financing.
A Bain & Company analysis suggests humanoid robots are rapidly approaching cost parity with human labor, driven by advances in AI, dexterity, and easier training. Combined with labor shortages and reshoring trends, these factors could lead to significant adoption across industries within five years.