From:Internet Info Agency 2026-03-18 11:06:39
DJI’s former automotive business has been spun off into Zhuoyu Technology, which is now advancing plans for a Hong Kong IPO. According to Yiou Auto, the company is currently raising a Pre-IPO round of financing amounting to RMB 2 billion, with a pre-money valuation of approximately RMB 12.5 billion. Previously, in November 2023, Zhuoyu secured a strategic investment exceeding RMB 3.6 billion from China FAW Group, valuing the company at over RMB 10 billion post-investment while maintaining its independent operations. In addition to FAW, Zhuoyu’s shareholders include BYD, SAIC Hengxu, BAIC Capital, SDIC CMC Investment, Guangyuan Investment, and XCMG Yunhan Fund. Originally established as DJI’s automotive division in 2016, the business was fully spun off in 2023 and officially launched under the “Zhuoyu” brand in June 2024, focusing on intelligent driving technology development.

Jaguar Land Rover FY2025/26 Results: Premium Models Drive Recovery, China Market Leads
Baidu Intelligent Cloud Powered Delivery of Over 20 Million L2 ADAS Vehicles Last Year
Leapmotor Hits Record Q1 2026 Revenue Amid Falling Margins, Net Loss Widens to RMB 3.9 Billion
Pateo Appoints Stefan Ortmanns as Head of European Operations to Accelerate Global Expansion
Tesla Unveils Reusable Suspension Clip Patent, Balancing Cabin Quietness and Serviceability
Xiaomi SU7 Ultra and YU7 Roll Out HyperOS 1.16 Full Update with Voice Control, AI Features
Lufang, Chairman of Voyah Auto, Calls 2026 the Decisive Year for New Energy vs. ICE Vehicles