DEPLOYDatabase

Company

Boonray Technology

Chinese provider of L4 autonomous and electric mining trucks, founded in 2015 by a team from the Shanghai Jiao Tong University Intelligent Robotics Laboratory.

Founded
2015
HQ
Shanghai, China
Status
private (China; BYD-backed; mining tech)

The verified answer

As of Aug 2026, DEPLOY verifies Boonray Technology: 1 model, 3 deployments across 2 regions, $28.8M raised. 1 source back the record.

CategoryTrucks

Appears inLogistics robots

2 partnerships

2 operating

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Most-frequent partners

  • BYD1
  • LGMG1

Overview

Chinese provider of L4 autonomous and electric mining trucks, founded in 2015 by a team from the Shanghai Jiao Tong University Intelligent Robotics Laboratory. The company's BLEB145A1 driverless mining truck operates with unmanned battery swap stations for 24/7 zero-carbon mining operations. Boonray's autonomous solutions are deployed at 30+ mining projects across China with 1000+ electric mining trucks in operation, including the world's first 100-unit autonomous electric mining truck fleet at the Yimin open-pit coal mine in Inner Mongolia.

Verified record

Verified deployments
3 deployments on file
Active incidents
None on file

Valuation of record

DEPLOY VERIFIED
$72M (reported, approximate)as of Jul 2026

Priced roundOther post-money

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Key facts

BYD investment

RMB 100M (~$14.4M) strategic investment, Jan 2026

Key investor

BYD (4.4M investment)

Key product

BLEB145A1 autonomous battery-swapping electric mining truck

Partnership

Vale Indonesia (cooperation deal, testing completed)

Technology

5G + smart mine solution, remote drilling

CEO

Hu Xinyi (Founder & Chairman)

CTO

Yangyang Yang (Co-founder, PhD Robotics SJTU)

Employees

201-500

Deployments

30+ mining projects across China

Fleet size

1000+ electric mining trucks in operation

Key deployment

Luoyang Molybdenum (30 trucks, first commercialization 2019)

Revenue

~100M yuan (company-reported, historical)

Technical advisor

Prof. Cao Qixin (SJTU Intelligent Robotics Lab founder)

Data & sources

Web sources

1

1 source backing this record.View all →

Relationships

LLGMGManufacturerBBYDInvestorBBoonray TechnologyCustomer

Current leadership (2)

Founders (2)

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Safety record

No incidents on record for Boonray Technology.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

Boonray Technology in third-party press

Peer companies