Toyota intensifies efforts on humanoid robots, challenging Tesla and Chinese manufacturers

Toyota plans to deploy 400,000 robots, with an annual investment of $6.4 billion for factory automation, forming a dedicated team led by the chief production officer; its spin-off Walden Robotics has completed $300 million in funding, valuing at $1.1 billion, and its General Robotics has been deployed in North American factories. Toyota has showcased an AI-powered humanoid robot Cue7 and developed large behavioral models, aiming to become the world's largest humanoid robot company, with an estimated market share of 3%-8% by 2035.