China's Robot Makers Chase Tesla to Deliver Humanoid Workers

• China is pushing to mass-produce humanoid robots by 2025, with nearly 30 companies showcasing models in Beijing this week.
• Tesla plans to deploy 1,000 Optimus robots in factories next year, aiming to revolutionize EV production.
• The Chinese government supports the robotics industry with significant funding, including a $1.4 billion state-backed fund in Beijing.
• Analysts predict the global market for humanoid robots could reach $38 billion by 2035, with costs dropping significantly.
• Despite Tesla's early lead in AI, Chinese companies are rapidly iterating and reducing production costs.

Source: Reuters