Xpeng (XPEV) Introduces Ridable Robotic Unicorn

Xpeng (NYSE: XPEV) announced on Tuesday that they are planning to release a four-legged ridable robot for children. The company said the Robotic Unicorn, called Little White Dragon, is equipped with power modules, motion control, intelligent navigation, and intelligent emotional interaction capabilities.

“Banking on our capabilities in autonomous driving, voice recognition and smart manufacturing, Xpeng will move into the robotics field by making the most of the technologies we grasp,” He Xiaopeng, co-founder and chief executive of Guangzhou-based Xpeng, said on the microblogging site Weibo on Tuesday. “Our first goal is to churn out a low-speed rideable robotic pony for transport purpose.”

Xpeng did not display a physical version of the robot. However, it released a video and photos of the toy. The company also did not reveal the dimensions of the product, but the video showed it to be as tall as a small boy.

“Robotics is no easy job, but Xpeng has ambitions of creating an ecosystem centred on autonomous driving,” said Cao Hua, a partner at private equity firm Unity Asset Management. “When full autonomous driving is accomplished in the future, quite a few activities such as entertainment and conferencing can be linked with driving. Robocars will become popular.”

No timeframe for production and commercialization of the robot was disclosed.

By Michael Elkins | [email protected]

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