MINIEYE Innovation (02431.HK): Signs Procurement Deal for 1,000 Autonomous Logistics Vehicles and Long-Term Cooperation Agreement
NewTimeSpace News: On June 16, 2026, MINIEYE Innovation (02431.HK) announced that it has entered into an autonomous logistics vehicle procurement and long-term cooperation agreement with an independent third-party enterprise based in Wuxi. The counterparty will procure a total of 1,000 autonomous logistics vehicles and supporting systems applicable to multiple logistics sectors including fresh produce, food and pharmaceuticals. The partner shall be responsible for coordinating applications for road usage rights and completing vehicle licensing formalities.
The company stated that this cooperation will help expand its market share in autonomous vehicles and advance the large-scale commercial adoption of autonomous driving technology in smart logistics scenarios.
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.