PartnershipNov 4, 2026, 04:09 PM
Scage Future Partners With China Huaye Group For Electric Truck Deployment
AI Summary
Scage Future announced that its subsidiary, Guizhou Scage Tech Ltd., has entered into a strategic cooperation agreement with China Huaye Group Co., Ltd. This non-binding, one-year framework agreement aims to foster collaboration across various sectors including infrastructure, mining, renewable energy, and financial services. A key aspect of the potential collaboration involves Scage Future's plan to deploy up to 1,000 electric heavy-duty trucks for mining transportation, featuring autonomous capabilities to enhance operational efficiency and safety.
Key Highlights
- Scage Future's subsidiary Guizhou Scage Tech Ltd. signed a strategic cooperation agreement with China Huaye Group.
- The non-binding agreement has a tentative term of one year.
- Collaboration will focus on infrastructure, mining, renewable energy, circular economy, financial services, and tech innovation.
- Scage Future plans to deploy up to 1,000 electric heavy-duty trucks for mining transportation operations.
- The trucks are designed for autonomous operation in mining environments, aiming to improve safety and efficiency.
- The partnership aims to leverage expertise and resources to develop sustainable industrial solutions in China.
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