China’s AgiBot aims for US$142 million revenue as humanoid robots gain momentum

AgiBot was expected to ship a total of 5,000 humanoid robots in 2025, chairman and CEO Deng Taihua said in a company event on Monday.

AgiBot’s output and sales targets, which the start-up confirmed on Tuesday, were expected to maintain “multi-fold” growth in 2026, according to Deng, with the company pushing ahead with commercialisation.

As part of its commercial strategy, AgiBot launched BotShare, a platform designed to make robot rental as convenient as power bank sharing, according to a company announcement on Monday.

The rental platform, targeted to expand to more than 200 mainland Chinese cities by 2026, would bring together users, developers, rental service providers and manufacturers to make humanoid robots more accessible to the public, said Jiang Qingsong, a partner at AgiBot and chairman of Botshare.

The industry is rapidly pivoting towards commercialisation amid fierce competition among a new wave of robot makers racing for dominance under Beijing’s support for the hi-tech sector.