RoboSense, one of the leading smart LiDAR system technology companies in the world, has entered into a strategic investment agreement and a strategic cooperation framework agreement with automobile company BYD.
RoboSense is a pioneer in the core technologies of LiDAR hardware, smart sensor software and chips. It 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.
Chunxin Qiu, founder and CEO of RoboSense, and Chuanfu Wang, chairman and president of BYD, attended the signing ceremony.
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.
Themed ‘Focus on Innovation, Co-build Ecology and Shape the Future’, the 2021 BYD CEO annual meeting invited over 20 enterprises to showcase their technological product innovations. Several LiDAR products of RoboSense were showcased, among which the second generation smart solid-state LiDAR RS-LiDAR-M1 (M1) attracted most attention.
A roundtable forum themed ‘Industrial Transformation and Domestic Production Opportunities in the Trend Toward Vehicle Intelligence’ was held in parallel with the annual meeting.
Qiu, co-founder and executive president of RoboSense, attended the forum and discussed the future trends of the global automotive industry and said: “The global auto industry is trending towards intelligence and LiDAR is a core part of vehicle intelligence. The industry market performance shows resource concentration on top performers. RoboSense secured fixed-point project orders of multiple models in 2021, gaining a competitive edge.”
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.
RoboSense is a world-leading provider of Smart LiDAR Sensor Systems. Comprising LiDAR sensors, AI algorithms and IC chipsets. Its portfolio transforms conventional 3D LiDAR sensors with comprehensive data analysis and interpretation systems. The company’s mission is to innovate outstanding hardware and artificial intelligence capabilities to create smart solutions that enable robots, including vehicles, to have perception capabilities superior to humans.
