BYD Enters Strategic Investment Deal With Smart LiDAR Maker RoboSense

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The Upgraded partnership between the two Chinese giants to accelerate the global mass production and implementation of smart vehicles.

LiDAR system technology company, RoboSense, has entered into a strategic investment agreement and a strategic cooperation framework agreement with automobile company BYD.

RoboSense will keep pace with BYD, continuously upgrade the technological capacity in intelligent perception, and form a deeply integrated technology matrix to broaden the vertical coverage across the industry chain and jointly promote the innovation and transformation of the smart new energy vehicle industry.

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The in-depth partnership with RoboSense is a strategic milestone for BYD, highlighting its focus on intelligence solutions and comprehensive planning on the intelligent vehicle industry chain.

Several LiDAR products of RoboSense were showcased at the 2021 BYD CEO annual meeting, among which the second generation smart solid-state LiDAR RS-LiDAR-M1 (M1) attracted the most attention.

BYD’s investment will help RoboSense engage more closely in the smart new energy vehicle industry ecology, laying a solid foundation for in-depth industry collaboration between the two companies. The partnership between RoboSense and BYD will unlock greater potential in smart new energy vehicles and explore the smart LiDAR technology in a practical and innovation-driven manner. It will also mobilise industry resources to promote the sustainable development of the global intelligent vehicle industry ecology.