Yikong Zhijia to Launch Autonomous Mining Vehicles in 2023

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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

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.
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