Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Minieye Technology Co., Ltd. Class H ( (HK:2431) ) just unveiled an announcement.
Minieye Technology has signed a procurement and long-term cooperation agreement with Jiangsu Province Danyang High-tech Zone Industrial Development Co., Ltd. for 200 second-generation map-free driverless logistics vehicles, including supporting software systems. The vehicles will serve urban distribution, intra-city supply and “last-mile” delivery, with Minieye managing production, delivery and support while its partner handles local road rights and licence plate arrangements.
The deal marks a significant step in the commercial rollout and regional expansion of Minieye’s driverless logistics vehicle business, reinforcing its leading position in L4 autonomous driving. By combining its autonomous driving and mass-production strengths with the partner’s regional coordination capabilities, the collaboration aims to cut logistics costs, boost operational efficiency and provide a replicable model for smart logistics deployment across urban markets.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd. is a China-based automotive intelligence company focused on intelligent driving, intelligent cabins, smart mobility and smart logistics solutions. Leveraging full-stack in-house platform technology and integrated hardware-software R&D with mass production capabilities, the Group aims to advance autonomous driving and become a key driver of intelligent transformation in the automotive and logistics sectors.
Average Trading Volume: 3,980,025
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.53B
For an in-depth examination of 2431 stock, go to TipRanks’ Overview page.