[Li Xiang: Humanoid robots still at least 3 years behind EVs]

Published: May 31, 2026 20:59

Save

May 28 – Li Xiang, chairman of Li Auto, said at the company's first-quarter earnings call today that it will take at least three years for humanoid robots to reach the same level of development as the electric vehicle industry. "Many technical challenges remain unsolved, and there is still no consensus on multiple technological pathways," he said. Li added that startups, midsize firms, and large companies alike will all enter the humanoid robotics sector.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

POSCO Future M begins construction of LFP cathode plant

POSCO Future M announced on May 28 that CNP New Materials Technology, its joint venture with FINO and CNGR, held a safety ceremony and began construction of an LFP cathode plant at the Yeongilman 4 General Industrial Complex in Pohang. The plant is scheduled to begin mass production in 2027. Production capacity will be gradually expanded in line with market demand, with plans to increase annual capacity to up to 50,000 mt.

Common.Time.hoursAgo

LG Energy Solution signs KRW 2 trillion BESS supply contract with DTE Energy

According to DTE Energy on May 28, the company recently signed a USD 1.6 billion BESS supply contract with LG Energy Solution Vertech. Under the agreement, DTE Energy will receive BESS units for eight energy storage projects to be developed across Michigan over the next two years, using batteries produced at LG Energy Solution’s Holland plant in Michigan. The contract will secure a total battery storage capacity of 6 GWh.

Common.Time.hoursAgo

April Battery Materials Import and Export Data Released: Spodumene and Lithium Carbonate Imports Both Up YoY — How Did Other Segments Perform [SMM Special Report]

Common.Time.hoursAgo