Recently, Bolei Technology—a leading global provider of electric autonomous mining trucks and zero-carbon autonomous mining solutions—announced that it has secured a strategic investment of 100 million RMB from BYD Company Limited. This investment signifies that a global leader in new energy vehicles and battery technology has granted high-level recognition and strategic endorsement to the technological framework and business model that Bolei Technology has established within the sector of mining vehicle electrification and intelligentization.

As a benchmark for China’s high-end manufacturing sector and a pioneer in global clean energy technologies, BYD commands significant attention with every strategic industrial move it makes. Its investment philosophy consistently revolves around core technologies, long-term ecosystem development, and industrial transformation. Its decision to invest in Bolei Technology stems precisely from its recognition of the company’s innovative approach—achieving a deep integration of "electrification" and "unmanned operations"—within the challenging industrial environment of mining.
The full-stack technological closed loop—encompassing L4 autonomous driving, automated battery swapping, and intelligent dispatching—developed by Bolei Technology, alongside its diversified implementation models across "Intelligent Vehicles, Intelligent Logistics, and Intelligent Mining," not only offers traditional mines an economically viable solution for a zero-carbon transition but has also, through practical engineering applications, validated its exceptional reliability and efficiency under extreme operating conditions.

This strategic capital infusion from an industry titan will be primarily allocated to bolstering R&D investment, expanding smart manufacturing capacity, accelerating domestic and international market expansion, and deepening collaboration within the industrial ecosystem. BYD’s extensive expertise in battery and electronic control technologies—along with its experience in large-scale manufacturing within the electric vehicle sector—will combine with Bolei Technology’s specialization in intelligent mining vehicles and autonomous operational scenarios to create powerful synergistic potential. The two parties are poised to engage in deep collaboration across areas such as technology R&D, supply chain optimization, and product exploration for specific operational contexts, thereby jointly driving the innovative application of new energy and intelligent technologies within the heavy industry sectors of China and the global market.
The realization of this partnership is also attributable to BYD’s forward-looking global vision and strategic industrial ecosystem layout. BYD is not only the global sales leader in new energy vehicles but is also renowned for building a global industrial ecosystem characterized by deep, localized operations.
Currently, its new energy vehicles have reached all six continents and span over 110 countries and regions worldwide; furthermore, the company has established—or is planning to establish—production bases in numerous nations, including Thailand, Uzbekistan, Brazil, and Hungary. This strategic approach—characterized by the "integrated development of internationalization and localization"—aligns perfectly with Bolei Technology's objective to actively expand into overseas markets and introduce "Chinese Smart Mining Solutions" to the global stage. The extensive localization experience, supply chain resources, and brand influence that BYD has cultivated within the global market will provide an unparalleled pathway and support for both parties as they jointly venture into the international market for high-end mining equipment in the future.
Regarding this strategic investment, Li Qian—Board Secretary and Chief Investment Officer of BYD Group—stated: "We continuously seek out and invest in partners globally who possess 'hardcore' technologies and can generate powerful 'synergistic effects' with our core business operations. Bolei Technology’s full-stack technology system—developed within the fields of autonomous mining operations and green energy replenishment—is truly impressive; its solutions directly address the critical operational pain points faced by traditional mining enterprises. This not only highly complements BYD’s core technological strengths in electrification and intelligent systems, but also fully aligns with our investment strategy of 'selecting the best of the best' and 'making substantial, high-impact investments' to jointly expand the boundaries of our industry. We look forward to joining forces with Bolei Technology to deeply integrate new energy and intelligent technologies, thereby offering highly competitive 'Chinese solutions' to drive the green transformation of the global mining sector and the broader heavy industry landscape."

For Bolei Technology, the entry of BYD as a strategic investor signifies that the technological path and commercial value the company has steadfastly pursued have received validation and endorsement from a "lighthouse" enterprise at the very pinnacle of the industry value chain. In a capital market environment that is increasingly rational—and places a premium on certainty—such substantial financial investment from an industry leader—rooted in deep understanding and the promise of future synergy—serves as a powerful affirmation of the company's long-term value. This move will not only significantly bolster the confidence of customers, partners, and the wider community regarding Bolei Technology's future growth, but also endow the company with distinct brand and ecosystem advantages as it navigates the landscape of global competition.
This collaboration with BYD marks another pivotal milestone in Bolei Technology’s efforts to build an industrial ecosystem. The company will remain steadfast in its mission—that "intelligent technology drives productivity"—and, by joining forces with leading global industry partners, will accelerate the green and intelligent transformation of mining operations and a wide range of other heavy industrial sectors.
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