ZYT Accelerates AI-Driven Autonomous Driving Development, Targeting 2027 IPO
Shenzhen-based ZYT, formerly known as DJI Automotive, is rapidly advancing its AI-powered autonomous driving technology with a novel “mobility foundation model” and plans for a Hong Kong IPO as early as 2027. The company, backed by significant investment from FAW Group, aims to disrupt the autonomous driving landscape with a versatile system applicable across vehicle types and geographies.
From Drone Tech to Automotive AI: ZYT’s Evolution
ZYT originated as the automotive division of DJI in 2016, focusing on smart driving technology research and development. In 2023, it was spun off as an independent entity, officially adopting the “Zhuoyu” brand name in June 2024 [1]. This transition allowed ZYT to concentrate specifically on the automotive sector. The company’s core product is the Chengxing Platform, an intelligent driving system designed for high-level driving assistance in various scenarios [2].
A Novel Approach: The “Mobility Foundation Model”
ZYT’s CEO, Shaojie Shen, describes the company’s recent AI system as a departure from traditional autonomous driving development. Instead of relying on dedicated modules for object detection and training systems specific to certain regions, ZYT’s “foundation model” learns to drive independently [3]. This model was trained on a diverse dataset including video from drones, robots, vacuum cleaners, motorcycles and even handheld cameras, enabling it to adapt to different environments and vehicle types.
Strategic Investment and Market Position
In September 2025, FAW Group acquired a 35.8% stake in ZYT through capital increase and share purchase, becoming the company’s largest single shareholder [4]. DJI’s affiliate, New Territory, retains a 34.85% stake, resulting in joint control of the company. Prior to this, both BYD and SAIC held minority stakes in ZYT [2]. ZYT has established partnerships with five of the six largest Chinese truck manufacturers, controlling over 98% of the domestic market [3].
Financials and Future Outlook
ZYT recently secured $280 million in pre-IPO funding at a $1.74 billion valuation [3], signaling strong investor confidence. The company is targeting a listing on the Hong Kong Stock Exchange, with a potential debut as early as 2027 [3]. ZYT is also working to adapt its AI model for use in cheaper, mass-market automotive chips, with the first passenger car integration expected in 2027.
Expanding Applications and Global Strategy
ZYT’s technology is not limited to passenger vehicles. The company has adapted its AI model for heavy-duty trucks in approximately six weeks and anticipates delivering fuel savings in the low single digits [3]. Even as ZYT currently focuses on the Chinese market, it sees potential for expansion globally. The company has established an engineering and compliance presence near Volkswagen’s headquarters in Wolfsburg, Germany, for testing purposes. ZYT has no current plans to enter the U.S. Market.
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