China’s fast-rising robotics start-up AgiBot has set an ambitious target of more than 1 billion yuan, or about 142 million US dollars, in revenue for 2025, underscoring how quickly humanoid robots are moving from lab experiments to commercial products. The company expects to ship around 5,000 humanoid units next year, a volume that would place it among the world’s most aggressive players in so‑called “embodied intelligence,” where advanced AI is fused with physical machines. Founded in 2023 and already valued at roughly 15 billion yuan, AgiBot has become a flagship of Shanghai’s bid to build a globally competitive robot industry cluster.
To hit its revenue goal, AgiBot is betting on a mix of hardware sales and new service models that make robots easier to adopt for factories and businesses. A key plank is BotShare, a rental platform designed to make accessing humanoid robots as simple as borrowing a shared power bank, aimed at rapidly lowering the upfront cost barrier for smaller customers. The company is also ramping up capacity at mass-production sites in Shanghai and Suzhou to support thousands of units a year, helped by recent large contracts with manufacturers and telecom-linked partners.
AgiBot’s trajectory reflects Beijing’s push to promote humanoid robots as a strategic technology that can boost productivity and offset labor pressures in aging, export‑oriented industries. With orders spanning automotive parts plants and a growing list of pilot deployments in sectors from logistics to services, AgiBot is racing rivals to prove that humanoid robots can deliver real economic value outside showcase demos. If it manages to achieve its 142 million dollar revenue target while sustaining “multi-fold” growth into 2026, the start-up could help set the pace for a new generation of Chinese industrial champions in robotics.
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(Source: SCMP | Global China Daily)