BYD Partners with Nuro to Manufacture All-Electric Delivery Vehicle

“BYD will leverage the manufacturing capacity of our Lancaster plant by finishing assembly of globally sourced hardware components to support Nuro and bring more jobs to the community,” said Stella Li, Executive Vice President of BYD Co. Ltd. and President of BYD North America.

Today’s announcement follows Nuro’s $600 million Series D funding round which closed in Q4 2021 and was led by Tiger Global Management with participation from other investors.

Nuro was founded in 2016 by Jiajun Zhu and Dave Ferguson, former principal engineers of Google’s self-driving car team. Specializing in developing zero-occupant vehicles designed specifically for transporting goods and not passengers, Nuro has launched two generations of autonomous vehicles, introduced delivery service with industry leaders including Domino’s, Kroger, and 7-Eleven, and announced a multi-year partnership with FedEx.

“BYD is one of the largest OEM networks of electric vehicles in the world, and we are thrilled to partner with them to help us move one step closer to scaled commercial operations,” said Jiajun Zhu, Nuro co-founder and CEO. “We look forward to transforming the hardware components of BYD’s globally sourced electric vehicle platform into innovative autonomous vehicles capable of operating on public roads at our new facility here in America. Through our partnership with BYD, we plan to produce autonomous vehicles at scale that can improve road safety, air quality, and overall access to goods.”