Gac robotics partner to achieve ten thousand unit capacity by 2029

Guangqi Holdings has formalized a production collaboration agreement with Guangdong Huilun Technology Co. for embodied intelligent robots. The partnership, officially signed on November 5th, involves Huilun Technology and GAC Power BU, with projections indicating the establishment of a production capacity reaching ten thousand units by 2029. Currently, GAC's humanoid robots are in a small-scale application phase, having accumulated over 12 months of operational data, 63,000 kilometers, and 189,000 runs. Huilun Technology was established by GAC Group on February 26th to operate as an independent entity, fully taking on GAC Group's business in the embodied intelligence sector. Furthermore, Huilun Technology recently secured over one hundred million yuan in funding this August. This capital infusion is earmarked for several key areas, including optimizing vertical-specific models, expanding into automotive production lines and comprehensive service scenarios, iterating core products, and bolstering the talent team to advance the mass application of the complete robot and its essential components.