AAA weekly

2022-02-04

Yikong Zhijia to Launch Autonomous Mining Vehicles in 2023

This report includes information on the following topics: Key images:
  • Yikong Zhijia (EQ)
  • China
  • autonomous driving
  • mining industry
  • Zijin Mining Group
  • technology development
  • safety personnel
  • product development
  • business plans
  • overseas expansion
  • Australia
  • Canada
  • Rio Tinto Group
  • BHP
  • Beijing
  • Shanghai
  • Ordos (Inner Mongolia AR)
  • Lan Shuisheng
  • mining vehicles
  • coordinated control platform
  • Ordos City Dalat Banner Mengxin Coal
  • transportation service
  • Shaanxi Tonly Heavy Industries
  • AI detection
  • AI judgment
  • route planning
  • vehicle control algorithms
  • LiDAR
  • RTK (real-time kinematic) positioning
  • Huawei
  • MDC (Mobile Data Center)
  • safety
  • reliability
  • business expansion
  • colored mineral mining
  • partnerships
  • Rio Tinto Group
  • BHP
  • Asia
  • Africa
  • South America
  • markets
  • Shaanxi Tonly Heavy Industries
  • EV
  • company financing
  • Estar Capital
  • Minxi Xinghang State-owned Assets Investment
  • NIO Capital
  • Eight Roads
  • Zijin Mining Group
  • Estar Capital
  • human resources
  • recruitment
  • business operations
  • equipment purchase
  • open pit mines
  • transportation of ore and topsoil
  • road network
  • vehicle speed
  • policy
  • AI
  • IoT
  • cloud computing
  • big data
  • robots
  • intelligent equipment
  • coal
  • iron
  • molybdenum
  • Xinjiang Uygur AR
  • Inner Mongolia AR
  • Beijing Tage Zhixing Technology
  • Qingdao Huituo Intelligent Machinery
  • Changsha Intelligent Driving Institute (CiDi)
  • MaxSense Technology
  • Shanghai Boonray Intelligent Technology
  • dump trucks
  • mining trucks
  • management and monitoring system
  • central monitor
  • database server
  • control server
  • control terminal
  • remote operation system
  • parking lot operation terminal
  • GPS base station
  • roadside camera
  • data commuication system
  • autonomous driving transport vehicles
  • communication antenna
  • GPS antenna
  • in-operation mode pilot lamp
  • vehicle interface unit
  • CAN
  • application management system
  • millimeter-wave radar
  • LiDAR
  • in-vehicle camera
  • coordinated management system with other vehicles
  • mining equipment
  • loading machinery
  • in-vehicle GPS
  • client terminal
  • facilities
  • Ordos Yikong Engineering
  • Shanghai Yiao Technology
  • freight transportation
  • software development
  • AI technology
  • automobile technology
  • mechanical technology
EQ (Yikong Zhijia) logo

Beijing Yikong Zhijia Technology is a Chinese company that provides autonomous driving solutions for mines. In August 2021, it raised tens of millions of dollars from a number of investors including major Chinese mining company Zijin Mining Group. The money will be used to expand the company’s technology development team, purchase equipment such as mining vehicles and develop new products.

In August 2021, Yikong Zhijia announced its future business plans. It aims to gradually reduce the number of safety personnel on existing autonomous-driving transport vehicles for mines from the end of 2021. The company will also raise the scale of vehicle use in a single mine to around 80 vehicles after maturing autonomous driving technology in open pit coal mines by 2023. Overseas expansion is also under consideration, initially entering the Australian market followed by Canada. Services will be provided to Chinese mining companies in the initial phase and then to global players such as Rio Tinto Group and BHP.

Yikong Zhijia: Company Overview and History

Overview

Full name: Beijing Yikong Zhijia Technology Co., Ltd.
EQ (Yikong Zhijia) logo
Short name: Yikong Zhijia (also called EQ)
Website: www.eq.com
Headquarters: Beijing
Established: May 2018
Legal rep.: President Lan Shuisheng
Capital: 75.62 million CNY
Ownership: Lan Shuisheng (private investor) 42.3%, Ningbo Meishan Bonded Port Area Nanying Investment Management 13.2%, Jiaxing Zhitao Venture Capital Partnership 11.7%, Zhang Lei (private investor) 10.6%, etc.
Business scope: Autonomous driving solutions for mining vehicles, development of transport management systems, transportation service supplier utilizing autonomous driving technology
Facility locations: Beijing, Shanghai, Ordos (Inner Mongolia AR)

History

・May 2018: Established. ・Nov. 2018: Completed testing of autonomous driving vehicles within factory premises. ・Mar. 2019: Began testing of autonomous driving vehicles at a mining site. ・Oct. 2019: Started operation of a coordinated control platform for autonomous vehicles. ・Dec. 2019: Launched four autonomous driving vehicles at a mining site. ・Jun. 2020: Increased the number autonomous driving vehicles at a mining site to 12 units. (Created using various media sources)

Yikong Zhijia: Major Partners

Partner Details
Ordos City Dalat Banner Mengxin Coal ・Provides topsoil transportation service at an open pit coal mine by utilizing self-developed autonomous- driving vehicles. - Driver-driven vehicles are also used at the same site in order to collect data on mining transportation for future autonomous-driving vehicle development.
Shaanxi Tonly Heavy Industries ・Developed an autonomous-driving vehicle in partnership with Shaanxi Tonly Heavy Industries. ・The vehicle is a Tonly mining truck equipped with a chassis-by-wire system and has a loading capacity of 40 – 60 tons. ・Equipped with detection, judgment, route planning and vehicle control algorithms, LiDAR, and millimeter-wave radar among other technology. It is also equipped with RTK (real-time kinematic) positioning system.
Huawei ・Adopted Huawei's in-vehicle computing platform MDC (Mobile Data Center).
(Created using Yikong Zhijia’s PR materials and various media sources)
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