Partnership
Boonray x BYD
BYD made a strategic investment of RMB 100M (~4.4M) in Boonray Technology. The partnership combines BYD battery and EV manufacturing expertise with Boonray L4 autonomous mining truck technology for green mining transformation.
investment · Active · operating
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0036f3e6-62f7-4ced-81a1-b7fc63eda4e6- Type
- investment
- Status
- Activeoperating
- Announced
- 2026-01-297 months ago
- Active for
- 7 months
Who’s involved
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](/models/boonray-bleb145a1-driverless-mining-truck) 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.
Off-registry parties
- BYD · investor partner
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Sources (1)
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