China autonomous mining truck funding reached a new milestone as Boonray Technology completed a major financing round

On Recently, China autonomous mining truck funding reached a new milestone as Boonray Technology completed a major financing round, pushing its total fundraising in 2025 beyond RMB 1 billion. This achievement reflects growing investor confidence in battery-electric autonomous mining trucks and highlights the accelerating commercialization of zero-carbon, unmanned mining solutions across China’s mining sector.
China Autonomous Mining Truck Funding Sets New Benchmark
With this latest round, China autonomous mining truck funding has recorded one of the largest primary-market capital raises in the country’s autonomous mining segment. The scale of investment underscores market belief in Boonray Technology’s integrated technology roadmap and its long-term business viability within intelligent mining operations.
Boonray Technology specializes in mining-focused innovation, delivering a vehicle–cloud–network integrated technology stack. Its offerings cover end-to-end unmanned mine operations, including battery-electric autonomous mining trucks, intelligent dispatch systems, and advanced remote-driving platforms designed for complex mining environments.
Electrification and Intelligence Driving Safer, Greener Mines
The company’s solutions are engineered to enhance mine-site efficiency while significantly improving operational safety. Through electrification and intelligent control, Boonray supports a low-carbon transition aligned with China’s national dual-carbon objectives, reducing emissions while maintaining high productivity standards.
Key benefits of Boonray’s autonomous mining solutions include:

• Improved operational efficiency through intelligent dispatching
• Enhanced safety via unmanned and remote-controlled operations
• Reduced carbon emissions using battery-electric platforms
• Scalable deployment across large and complex mine sites

Commercial Scale-Up Validates Technology Readiness
As automation accelerates across the mining industry, Boonray has already achieved commercial deployment at multiple large-scale mines in China. These operational rollouts demonstrate the maturity of its autonomous driving systems and reinforce its competitive positioning within the intelligent mining ecosystem.
The successful transition from pilot projects to scaled operations highlights how autonomous mining technologies are moving beyond experimentation into sustained commercial use.
R&D and Market Expansion Fuel Next Growth Phase
Funds from this round will primarily support continued research and development in core technologies. This includes further optimization of autonomous-driving algorithms, enhancement of vehicle electronic control systems, and expanded production capacity for intelligent mining equipment to meet rising demand.
In parallel, Boonray plans to accelerate strategic expansion across domestic and international markets. By strengthening ecosystem collaboration and deepening partnerships throughout the value chain, the company aims to build a resilient global network supporting the future of smart, zero-carbon mining.
The magnitude of this financing signals that autonomous mining has entered a phase of scaled commercialization, increased investor attention, and long-term industrial transformation.