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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has issued an update.
Minieye Technology has entered a strategic cooperation agreement with Ground Iron Green Technology and Shenzhen Gecko New Energy Vehicle Technology to jointly develop and deploy 3,000 driverless logistics vehicles. The partnership combines Minieye’s L4 autonomous driving systems, Gecko’s chassis development and supply chain capabilities, and Ground Iron’s logistics scenario expertise and market operations.
Under the agreement, Minieye will ensure the vehicles meet national and industry automotive-grade standards, integrating intelligent driving systems with the chassis and conducting full-scenario testing for industrial park and urban distribution use. Gecko will lead chassis R&D and component validation, while Ground Iron will define product requirements, manage operations and promotion, and support large-scale deployment to improve logistics efficiency and cost-effectiveness.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd. is a China-based autonomous driving technology company focused on L4 self-driving solutions for applications such as logistics and industrial scenarios. The Group develops intelligent driving systems that integrate environmental perception, path planning, and execution control, targeting automotive-grade standards and commercialization in logistics and urban distribution markets.
Average Trading Volume: 9,697,720
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$5.68B
Find detailed analytics on 2431 stock on TipRanks’ Stock Analysis page.