
Leapmotor joins robot race with new $31 million manufacturing entity
More than 20 automakers worldwide have announced plans to develop humanoid robots, including BYD, Xpeng, GAC Group, Chery, Tesla and Hyundai.

More than 20 automakers worldwide have announced plans to develop humanoid robots, including BYD, Xpeng, GAC Group, Chery, Tesla and Hyundai.

Ultimately, the Horizon-Momenta rivalry comes down to one question: what is your competitive moat when your biggest customers can become your biggest competitors?

This makes it the second-largest automaker listed in Hong Kong, as investors bet on an aggressive product cycle and advancing electrification technology.