BYD global leader in electric vehicles, has recently announced groundbreaking partnership with Nuro, a leading autonomous vehicle company. This collaboration aims to manufacture Nuro's third-generation electric autonomous delivery car, bringing forth new era of eco-friendly and convenient services. The partnership is expected to extend the reach of Nuro's services to millions of people across the United States.
Stella Li the Executive Vice President of BYD Co. Ltd. and President of BYD North America, highlighted the significance of leveraging BYD's manufacturing capacity to support Nuro's ambitious project. The collaboration aligns with the mutual goal of creating safer environment on the streets. This venture not only signifies a step forward in autonomous vehicle technology but also contributes to job creation within the community.
The announcement comes on the heels of Nuro's successful $600 million Series D funding round in Q4 2021, demonstrating strong investor confidence in the future of autonomous delivery. The collaboration is set to enhance Nuro's third generation car with advanced technology and featuring greater payload and customizable storage and temperature-controlled compartments for efficient goods transport.
Nuro, founded in 2016 by Jiajun Zhu and Dave Ferguson, has been at the forefront of developing zero-occupant vehicles designed specifically for goods transportation. The company's track record includes partnerships with industry leaders like Domino's and Kroger and 7-Eleven, as well as significant collaboration with FedEx.
The partnership with BYD one of the largest OEM networks of electric vehicles globally, is strategic move for Nuro. Jiajun Zhu, Nuro's co-founder and CEO, expressed excitement about the collaboration, stating that BYD's expertise in electric vehicles positions them well for scaled commercial operations. The goal is to transform BYD's globally sourced electric vehicle platform into innovative autonomous vehicles that can operate on public roads, contributing to improved road safety, air quality, and overall accessibility to goods.
BYD as a leader in the New Energy Vehicle (NEV) industry, brings rich technological innovations to the project. Responsible for vehicle manufacturing and initial testing, BYD provides essential hardware components such as the Blade Battery, electric motors, electronic controls, and displays for human-machine interaction. Nuro on the other hand integrates autonomous driving technologies and control modules and sensors to complete the autonomy system.
As this collaboration unfolds it reinforces the commitment of both BYD and Nuro to pushing the boundaries of innovation in electric and autonomous vehicle technology. With the assembly taking place in the United States, the venture is not only about advanced technology but also about contributing to the local economy and creating safer and more sustainable future.
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