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Minieye Technology Enters Strategic Partnership for Driverless Logistics Vehicles

Story Highlights
  • Minieye Technology partners with Zhejiang Newgonow and Zhejiang Biying to produce 800 driverless logistics vehicles.
  • The collaboration aims to enhance logistics efficiency and provide a scalable model for smart logistics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Minieye Technology Enters Strategic Partnership for Driverless Logistics Vehicles

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The latest update is out from Minieye Technology Co., Ltd. Class H ( (HK:2431) ).

Minieye Technology Co., Ltd has entered into a strategic cooperation agreement with Zhejiang Newgonow Automobile Co., Ltd and Zhejiang Biying Huodi Technology Service Co., Ltd to advance the driverless logistics sector. This collaboration aims to integrate core competencies in autonomous driving technology, manufacturing, and operational management to produce and deploy 800 driverless logistics vehicles. The agreement is expected to break traditional industry barriers and enhance logistics efficiency, providing a scalable model for cost reduction and efficiency enhancement in the smart logistics ecosystem.

More about Minieye Technology Co., Ltd. Class H

Minieye Technology Co., Ltd is a company incorporated in the People’s Republic of China, focusing on autonomous driving technology. The company is involved in the research and development of driverless vehicles, providing integration and support for autonomous driving systems, and developing vehicle management platforms.

Average Trading Volume: 1,853,712

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$6.48B

Learn more about 2431 stock on TipRanks’ Stock Analysis page.

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