Chinese EV makers pivot to humanoid robots amid price war and overcapacity

Chinese EV manufacturers, including Xpeng and Xiaomi, are diversifying into humanoid robots as their core auto business faces overcapacity and intense price competition. The move signals a strategic shift to find new growth engines, though the commercial viability and timeline for humanoid robots remain uncertain. This development highlights the pressure on China's EV sector and the broader tech ambitions of these companies.