Aimoga Robotics IPO Plans as Chery Unit Targets Global Expansion

Aimoga Robotics Prepares for Potential IPO

Aimoga Robotics is preparing for an IPO as the robotics brand incubated by Chery seeks additional funding for expansion and technology investment. Zhang Guibing, head of the business and president of Chery International. Zhang did not disclose the expected timing or specific exchange for a possible listing. He said a public offering could provide funding for future technology investments while also strengthening governance, transparency and operational standards as the business scales internationally.

Separate Chery Unit Listings Provide Precedent

Aimoga's potential listing would follow earlier examples involving separate Chery businesses. Auto parts supplier Bethel Automotive became publicly listed in Shanghai in 2018, while robotics and automation company Efort listed on the STAR Market in 2020. The potential timing is also significant because Unitree, one of China's most prominent humanoid robot manufacturers, gained sharply during its STAR Market trading debut on Wednesday, rising as much as about six-fold and becoming the first listed humanoid robot company on the Chinese mainland. The developments highlight growing investor attention toward robotics companies and the broader commercial potential of humanoid and service robotics.

Aimoga Expands Global Robot Deliveries

Incubated by Chery in January 2025, Aimoga Robotics has delivered more than 3,000 robots globally, including 2,000 overseas, while operating across more than 60 countries and regions. The company plans to increase global deliveries to 10,000 robots next year and has set a longer-term ambition of becoming one of the world's top robotics companies. The expansion reflects a strategy that increasingly emphasizes international markets rather than relying primarily on domestic demand. Aimoga's overseas activity is initially being driven by service robots and companion robots as the company develops broader international customer relationships.

Police Robots Become a Key Focus Area

Police robotics is another important area of Aimoga's expansion strategy. The company unveiled humanoid police robots earlier this year, with 110 units already deployed across multiple Chinese cities. These robots are being used for traffic management, crowd guidance and public-safety awareness campaigns. Zhang said traffic police operate in difficult conditions involving extreme weather, vehicle emissions and elevated accident risks, creating opportunities for robots to support or reduce the burden on human personnel. He also expects potential demand to increase overseas, particularly in parts of the Middle East and Southeast Asia where high temperatures and heavy rainfall can make traffic-management duties more challenging.

International Expansion Requires Local Adaptation

Aimoga is accelerating its overseas push to reduce dependence on the domestic market, but the company recognizes that international expansion will require adaptation to different regulatory frameworks and customer requirements. When asked about a possible entry into the United States, Zhang said the company's ambition is to serve global markets, while emphasizing the need to adjust its products and operations to local regulations and customer needs. He also said in May that Chery was considering entering the US at a suitable time. This approach indicates that regulatory compliance and market-specific adaptation will remain important factors in Aimoga's international growth strategy.

Consumer Sales Add a Direct Market Channel

Aimoga began selling directly to Chinese consumers through a flagship store on JD.com in April this year, providing another route for commercializing its robotics portfolio. Its humanoid robot is priced at 285,800 yuan, equivalent to about $42,100, while its quadruped robot dog is priced at 15,800 yuan. Direct consumer sales give the company an opportunity to gather market feedback while expanding awareness beyond institutional and commercial customers. The move also illustrates how China's robotics industry is beginning to develop consumer-facing business models alongside applications in public safety, services and other professional environments.

Competition and Consolidation Could Reshape Robotics

Zhang compared China's current robotics industry with the country's electric-vehicle sector several years ago, when companies were emerging rapidly and competitive pressure was intensifying. He expects industry consolidation to strengthen the technology base, although he also warned that competition, particularly on costs, is likely to remain fierce. The combination of increasing competition, technological development and potential consolidation could determine which robotics companies achieve sufficient scale to compete internationally. Zhang also cautioned that humanoid robots could take about a decade to mature before reaching a stage of rapid adoption, suggesting that the industry's commercial development may require sustained investment over an extended period.

Automakers Expand Into Humanoid Robotics

Aimoga is operating within a broader Chinese automotive-industry push into robotics. In addition to Chery, manufacturers including BYD, Changan Automobile, GAC Group and Xpeng are developing humanoid robot products. The growing involvement of automakers reflects potential synergies between vehicle manufacturing expertise, artificial intelligence, robotics hardware, supply chains and large-scale production capabilities. For Aimoga, an IPO could therefore provide additional resources as competition increases across the sector. Its current delivery base, overseas footprint, police-robot deployments and planned increase to 10,000 global deliveries next year provide the foundation for its stated ambition to become a major global robotics company.

Frequently Asked Questions

What is Aimoga Robotics planning?
Aimoga Robotics is preparing for a potential IPO while expanding its technology investment and global robot deliveries across multiple markets. The company is currently discussing potential listing venues, although Zhang Guibing has not disclosed the timing or exchange under consideration. Aimoga has delivered more than 3,000 robots globally and plans to reach 10,000 deliveries next year. Its portfolio includes humanoid robots, service robots, companion robots, police robots and a quadruped robot dog, with overseas expansion becoming an increasingly important part of its strategy.

How many robots has Aimoga Robotics delivered?
Aimoga Robotics has delivered more than 3,000 robots globally since being incubated by Chery in January 2025, including more than 2,000 units delivered overseas. The company currently operates in more than 60 countries and regions and intends to substantially increase its global delivery volume. Its stated target is to deliver 10,000 robots globally next year. The company is also expanding applications beyond domestic markets, particularly through service and companion robots, while developing opportunities for police and other specialized robotics applications.

What are Aimoga's key robotics applications?
Aimoga Robotics is developing several categories of robots, with police robots representing one of its key focus areas. Its humanoid police robots are already being used in multiple Chinese cities for traffic management, crowd guidance and public-safety awareness campaigns. The company also sells humanoid robots and quadruped robot dogs directly to consumers in China. Internationally, Aimoga is initially focusing on service and companion robots while assessing additional opportunities. The company believes robots could help address labor shortages and difficult working conditions in applications such as traffic management.