Unitree
Unitree Robotics was founded in 2016 and is headquartered in Hangzhou, Zhejiang (listed: 688836.SH (SSE STAR Market, since July 2026)). Unitree Robotics (Hangzhou Yushu Technology) was founded in Aug 2016 by Wang Xingxing, starting with quadruped robots. It entered humanoids in 2023; Omdia estimates it shipped 5,000+ humanoids in 2025, more than any Western rival.
It listed on the SSE STAR Market in July 2026 (688836), raising ~$904M with shares up ~460% on debut. Strategy is price commoditization: the G1 humanoid starts at $13,500 vs six-figure rivals.
Key Products & Indicative Prices
| Product | Indicative Price | Specs |
|---|---|---|
| G1 humanoid | ~$13,500 | 23 DoF, 1.27m, 35kg; EDU version adds SDK/dexterous hands (quote-based) |
| R1 humanoid | $4,900-$5,900 | 123cm, 27-29kg; base model has no secondary development |
| H2 humanoid | ~$29,900 | Full-size research platform, 31 DoF |
| Go2 quadruped | $1,600-$3,200 | Consumer/research quadruped, 8kg payload (Pro) |
What Sets Them Apart
Cost engineering: in-house electric actuators (not hydraulics) and scale that undercuts rivals 3-10x. Main buyers are research labs, not factories.
Recent Developments
- 2026-07-17 — Listed on SSE STAR Market (688836), raising ~$904M; shares surged up to 629% on debut (AP).
- 2026-04-30 — Launched the R1 dual-arm platform from $4,290 and opened a Beijing retail store.
Procurement Notes
Official store + authorized dealers; spare batteries ~$800, 6-8 week lead times. Developers need quote-based EDU versions for SDK access.