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China Races Tesla in Pursuit of Humanoid Robot Workforce
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- Tiny Tech News
China is leveraging its success in the electric vehicle market to become a major player in the humanoid robot industry. The country is using a familiar strategy of government funding, aggressive pricing, and a robust supply chain to establish itself in this burgeoning sector. Chinese companies are developing robots for factory and warehouse work, with costs decreasing due to readily available, domestically produced components. Experts believe the global market for these robots will experience significant growth in the coming years. The entrance of Tesla into the market with its Optimus robot has further fueled Chinese companies to innovate and compete, mirroring the "catfish effect" seen in the EV industry.
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