XPeng Motors announced on the same day as its earnings release that its robotics subsidiary, Dogotix Inc., has entered into a share purchase agreement with multiple parties, under which the subscribers conditionally agreed to subscribe for newly issued shares of Dogotix for a total consideration of US$900 million. He Xiaopeng, Chairman and CEO, stated that the company will accelerate the commercialization of physical AI and is committed to building one of China's most valuable humanoid robot companies and becoming a global leader in physical AI.