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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) just unveiled an update.
Minieye Technology has agreed in principle to form a jointly invested company with neueHCT Limited to develop an autonomous robot product system spanning indoor, park, urban and open-road environments. Centered on driverless logistics vehicles, the venture will offer an end-to-end solution from technology R&D to mass production and global deployment of multi-scenario delivery robots.
The partners plan to leverage their combined technology, capital and market channels to accelerate the rollout of unmanned delivery solutions, particularly in overseas markets such as Europe, the Middle East and Southeast Asia. By using large-scale L2 intelligent driving data to speed L4 development, Minieye aims to cut R&D and deployment costs, strengthen its position in smart logistics and intelligent driving, and secure a first-mover advantage in the global driverless logistics vehicle market for the benefit of shareholders.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd. is a China-based company focused on intelligent driving and smart logistics technologies. The Group develops and commercializes autonomous driving solutions, including L2 intelligent driving assistance systems, with a growing emphasis on global markets and applications in unmanned logistics and delivery scenarios.
Average Trading Volume: 7,196,727
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.89B
See more data about 2431 stock on TipRanks’ Stock Analysis page.