Chery's AiMOGA robotics unit prepares IPO, targets 10,000 robot deliveries in 2027
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Chery's robotics division AiMOGA Robotics is preparing for an IPO and aims to deliver 10,000 robots globally in 2027, its chief Zhang Guibing said Wednesday at the World Robot Conference in Beijing. The unit, incubated by Chery in January 2025, has delivered more than 3,000 robots globally and deployed 110 humanoid police robots across multiple Chinese cities. The plans come as investor enthusiasm for China's robotics sector surges, with Unitree's shares soaring nearly six-fold in their Shanghai trading debut on Wednesday.
Key Facts
- AiMOGA Robotics is in discussions with several potential listing venues and has begun preparations for an IPO, Zhang Guibing said Wednesday at the World Robot Conference in Beijing.
- The unit, incubated by Chery in January 2025, has delivered more than 3,000 robots globally — 2,000 of them overseas — and operates in more than 60 countries and regions.
- AiMOGA aims to deliver 10,000 robots globally in 2027 and eventually rank among the world's top robotics firms.
- AiMOGA has deployed 110 humanoid police robots across multiple Chinese cities to assist with traffic management, crowd guidance, and public-safety awareness campaigns.
- Unitree, China's best-known humanoid robot maker, soared nearly six-fold in its Shanghai trading debut on Wednesday, while startup Lumos Robotics told Reuters it is also considering a stock market listing next year.
IPO Preparations
AiMOGA Robotics is gearing up for an initial public offering to fund future growth and investments, its chief Zhang Guibing, president of Chery International, said Wednesday. The company is in discussions with several potential listing venues and has begun relevant preparations. Zhang declined to provide details on the timing or venue of a potential listing. Separate listings of subsidiaries are not uncommon at Chery: auto parts supplier Bethel Automotive listed on the Shanghai exchange in 2018, and robotics and automation firm Efort went public on Shanghai's STAR Market in 2020.
Global Deliveries and Targets
Incubated by Chery in January 2025, AiMOGA has delivered more than 3,000 robots globally, including 2,000 overseas. The company operates in more than 60 countries and regions. AiMOGA aims to deliver 10,000 robots globally in 2027 and eventually rank among the world's top robotics firms, Zhang said. Earlier this year, the company unveiled humanoid police robots; 110 units are already deployed across multiple Chinese cities to assist with traffic management, crowd guidance, and public-safety awareness campaigns.
Market and Investor Response
Investor enthusiasm for China's robotics industry has surged, with Unitree, the country's best-known humanoid robot maker, soaring nearly six-fold in its Shanghai trading debut on Wednesday. Startup Lumos Robotics told Reuters it is also considering a stock market listing next year. China's robotics industry has become a new battleground in the Sino-U.S. technology rivalry, drawing investment from automakers and technology firms betting on advances in AI and autonomous systems to speed commercial adoption of humanoid robots.
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Chery's AiMOGA robotics unit prepares IPO, targets 10,000 robot deliveries in 2027
