Warren Buffett-Backed BYD, DJI Join Forces to Showcase World's First Vehicle-Mounted Drone

Warren Buffett-backed Chinese EV maker BYD Co Ltd BYDDF BYDDY showcased the first vehicle-mounted drone at its headquarters in Shenzhen this week developed in collaboration with tech company DJI.

What Happened: The unmanned aircraft system is integrated into an automotive-grade drone bay and can take off and land with a click. The drone can effectively capture aerial footage on a road trip with its high-definition, high-frame, and low-latency image transmission.

Mounted on a Yangwang U8, it also features automatic battery swapping and charging management.

See Also: Best Electric Vehicle Stocks

Why It Matters: At the Dream Day 2024 event held on Wednesday, BYD also revealed its plan to invest 5 billion yuan ($0.7 billion) into constructing the world’s first all-terrain professional test drive sites in cities across China in a bid to enable testing EVs on various terrains and convincing potential customers before the purchase.

BYD manufactures both plug-in hybrids (PHEV) and battery-electric vehicles (BEV). In the fourth quarter of 2023, the company took over rival EV maker Tesla as the world’s largest BEV seller.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next: Ford Offers Bronze Appearance Package, Eruption Green Paint Options For Mustang Mach-E

Photo courtesy: BYD

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