BYD Invests $14.5 Million in Boonray's Autonomous Electric Mining Truck
INDUSTRIAL IOT
BYD has invested $14.5 million in Boonray, a Chinese equipment manufacturer, to support its autonomous, battery-swapping electric mining truck. The investment aims to innovate the mining sector by integrating zero-emission technology with advanced automation. Boonray's team, including scientists from Shanghai Jiao Tong University, has implemented L4-level autonomous driving technology and is developing AI-powered algorithms and vehicle-by-wire controls for future mining operations.

Feb 9, 2026, 12:17 PM