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The company that outsells Tesla on humanoid robots just unveiled a pilotable mecha. Unitree is filing for a $7 billion IPO.

Posted on May 14, 2026 By 164news66 No Comments on The company that outsells Tesla on humanoid robots just unveiled a pilotable mecha. Unitree is filing for a $7 billion IPO.

Unitree Robotics Unveils GD01 Mecha and Files for $7 Billion IPO

Background

Unitree, the company that outsells Tesla on humanoid robots, has unveiled a remarkable creation: the GD01, a 2.8-meter transformable mecha. This comes as the company prepares to file for a $7 billion Initial Public Offering (IPO) on the Shanghai Stock Exchange.

GD01 Mecha Specifications

The GD01 is a human-piloted mecha with an open cockpit in its torso, standing at 2.8 meters tall. It can walk on two legs and transform into a quadruped configuration in seconds, carrying a passenger weighing approximately 500 kilograms. Pricing starts at 3.9 million yuan (around $650,000). Unmanned operation is also possible. Unitree claims it’s the world’s first production-ready manned mecha.

About Unitree Robotics

Founded in 2016 by Wang Xingxing, Unitree has established itself as a dominant force in the global quadruped robot market, capturing roughly 70% of the share. In 2025, they shipped over 5,500 humanoid robots, surpassing Tesla’s output.

Financial Performance and IPO Details

Revenue reached 1.71 billion yuan ($235 million) in 2025, marking a staggering 335% year-on-year growth. Profitability has been sustained since 2020. The IPO seeks to raise 4.2 billion yuan (around $610 million) with a target valuation of seven billion dollars.

Investors and Market Position

Unitree’s investor list boasts prominent Chinese tech conglomerates, including Alibaba, Tencent, China Mobile, Geely Capital, Ant Group, Jinqiu Capital (ByteDance’s investment arm), and HongShan Capital (formerly Sequoia China). This backing solidifies Unitree’s position as a leading innovator in the market for walking robots.

Product Line

Unitree’s success is built on a diverse product line:

  • Go2: A consumer quadruped starting at $1,600.
  • G1: A research and light industrial humanoid platform priced between $13,500 and $27,000.
  • H2: A full-size industrial-grade humanoid for $29,900.
  • B2: Another model with specific details mentioned in the original text.
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