Minieye Technology Co., Ltd Announces Strategic Partnership for 3,000 Driverless Logistics Vehicles

Key Points for Investors

• Minieye Technology Co., Ltd has entered into a strategic cooperation agreement with Ground Iron Green Technology (Shenzhen) Co., Ltd. and Shenzhen Gecko New Energy Vehicle Technology Co., Ltd.
• The partnership focuses on the joint design, production, and delivery of 3,000 driverless logistics vehicles that meet automotive-grade standards and are market competitive.
• The agreement aims to leverage complementary strengths in autonomous driving technology, logistics operations, and automotive manufacturing.
• Scaled deployment and batch delivery across multiple logistics scenarios are planned, with a focus on enhancing logistics efficiency and cost-effectiveness.

Strategic Cooperation Details

The agreement is guided by the principles of “Complementary Strengths, Collaborative Development, and a Win-Win Situation.” Each party brings distinct core competencies:

• Minieye Technology: Responsible for meeting national and industry automotive-grade certification standards, integrating intelligent driving systems with vehicle chassis, and ensuring delivery of fully operational driverless logistics vehicles. The company will provide precise environmental perception, stable path decision-making, and efficient execution control capabilities, particularly in complex logistics scenarios such as industrial parks and urban distribution.
• Gecko Technology: Leads the R&D and production of the chassis system, leveraging its expertise in automotive manufacturing. Gecko will manage the supply chain, component selection, performance validation, and multi-scenario testing, ensuring structural stability, operational reliability, and safety of the chassis.
• Ground Iron: Deeply involved in product definition, leveraging its extensive experience in logistics operations and end-market demand analysis. Ground Iron will provide recommendations on product function planning, performance indicators, exterior design, and cost control, ensuring alignment with customer needs. It is also responsible for operational deployment, market promotion, and execution of the business model for the vehicles.

The parties have agreed to a scaled and batch deployment of driverless logistics vehicles across various scenarios, targeting increased logistics efficiency and cost reductions.

Potential Price-Sensitive and Shareholder-Relevant Information

• Large-Scale Initiative: The agreement targets the production and delivery of 3,000 vehicles, a significant volume that could impact Minieye’s revenue, operational scale, and market share.
• Market Positioning: The initiative is designed to establish Minieye as a leading product and brand in the driverless logistics sector, potentially enhancing its competitive position and valuation.
• Industry Breakthrough: The partnership seeks to overcome traditional industry barriers and facilitate large-scale application of autonomous driving technology in urban logistics, which could be transformative for the sector.
• Replicable Model for Cost Reduction: Combining Minieye’s L4 autonomous driving tech, Ground Iron’s logistics operations, and Gecko’s manufacturing expertise may create an industry-wide benchmark for cost reduction and efficiency.
• Confirmed Orders and Commercialization: Minieye’s L4 driverless logistics vehicle business has already secured multiple orders exceeding 100 vehicles, with deployments in several cities and partnerships with logistics companies and leasing institutions. This track record provides credibility and indicates ongoing commercialization momentum.

Background and Partner Information

Ground Iron Green Technology (Shenzhen) Co., Ltd.

Founded in 2015, Ground Iron is a global leader in digital and intelligent operation services for new energy logistics vehicles. Its network includes over 210,000 pure electric logistics vehicles in operation nationwide, more than 2,000 stations and service points, and it covers more than 220 cities, serving over 400,000 driver users, connecting to 2,200,000 charging piles, and serving over 9,000 enterprise customers.

Shenzhen Gecko New Energy Vehicle Technology Co., Ltd.

Gecko Technology specializes in new energy commercial vehicles with an advanced digital chassis platform. It leverages modularity, digitalization, and ecosystem integration to deliver chassis and commercial vehicle products to OEMs and operators globally. The company partners internationally to set new standards in automotive manufacturing and supports a sustainable, intelligent future.

About Minieye Technology Co., Ltd

Minieye is committed to advancing automotive intelligence through innovations in intelligent driving, cabins, smart mobility, and logistics. The company’s strategy centers on customer needs, scenario-driven product development, and expanding boundaries. Minieye’s full-stack in-house platform technology, integrated hardware-software R&D, and mass production capabilities position it as a key driver in the intelligent transformation of the industry.

Board and Management

The Board is led by Dr. Liu Guoqing (Chairman, Executive Director, General Manager), with a mix of executive, non-executive, and independent directors, reflecting robust governance and leadership.

Implications for Investors

• This strategic cooperation marks a major step forward in Minieye’s commercialization of autonomous driving technology.
• The volume commitment (3,000 vehicles) and existing commercial traction suggest strong growth prospects and potential revenue impact.
• The partnership could enhance Minieye’s profile, attract further industry collaborations, and strengthen its competitive position in the rapidly growing smart logistics market.
• Investors should monitor execution risks, regulatory developments, and market responses to the scaled deployment of these driverless logistics vehicles.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisors before making investment decisions regarding Minieye Technology Co., Ltd. The content is based on publicly released information and may be subject to change or revision.

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