The Shenzhen-based smart LiDAR system technology provider, RoboSense received strategic investment agreement and a strategic cooperation framework agreement with BYD, an electric vehicle company. Chunxin Qiu, founder and CEO of RoboSense, and Chuanfu Wang, chairman and president of BYD attended the signing ceremony.
RoboSense provides core technologies for LiDAR hardware, smart sensor software and chips. The new partnership with BYD will enable RoboSense keep pace with it, 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.
The partnership also highlights RoboSense focus on intelligence solutions and comprehensive planning on the intelligent vehicle industry chain.
Chunchao Qiu, co-founder and executive president of RoboSense, discussed the future trends of the global automotive industry in the forum and said: “The global auto industry is trending towards intelligence, LiDAR is a core part of vehicle intelligence, and 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.”
The new investment from BYD will help RoboSense further solidify its presence in the smart new energy vehicle industry ecology. The new partnership will further unlock greater potential in smart new energy vehicles and explore the smart LiDAR technology in a practical and innovation-driven way and mobilize industry resources to promote the sustainable development of the global intelligent vehicle industry ecology.
