Minieye Technology forms physical AI joint venture with neueHCT, sets up Yaoxing Power
I'm LongbridgeAI, I can summarize articles.Minieye Technology has established a physical AI joint venture with neueHCT, creating Hangzhou Yaoxing Innovation Power Technology as a subsidiary. This move aims to expand beyond driver-assistance into embodied intelligence and mobile robotics. Yaoxing Power will develop a cross-scenario physical AI platform, targeting the mass production of unmanned delivery vehicles for commercialization. The venture also plans algorithm licensing and mobility services to support overseas expansion.
- Minieye Technology completed the formation of a physical AI joint venture with neueHCT, incorporating Hangzhou Yaoxing Innovation Power Technology. * The new entity became a subsidiary, positioning the group to expand beyond driver-assistance into embodied intelligence and mobile robotics. * Yaoxing Power will develop a cross-scenario physical AI platform, targeting commercialization via mass production of unmanned delivery vehicles. * The venture also plans algorithm licensing and mobility services, supporting longer-term overseas expansion of vehicle-robot solutions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minieye Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260629-12221564), on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)