en.Wedoany.com Reported - NeueHCT (neueHCT) and MINIEYE jointly announced a partnership on April 27, agreeing to co-invest in establishing a joint venture company. The collaboration will focus on the mobile robotics business domain, aiming to build a full-scenario mobile robotics product system covering "indoor—campus—urban—open road" use cases. With autonomous logistics vehicles as a strategic fulcrum, the partnership will extend to robots in multi-scenario delivery, forming a commercial closed-loop from technological R&D and product mass production to global delivery.
The joint venture has defined two clear commercialization paths: First, the smart assisted driving front-loading business for mass-produced passenger vehicles, providing automakers with large-scale validated functional modules such as front-view perception, automatic parking, and highway pilot assist. Second, the highly autonomous driving operations business focused on autonomous logistics vehicles, achieving regular operations without safety drivers in scenarios like urban delivery, campus logistics, and cold chain transportation.
The parallel operation of these two paths stems from the technical foundations and strategic judgment of both parties. MINIEYE has been deeply involved in the assisted driving front-loading market for many years, serving over 40 automotive OEMs. It has accumulated core algorithmic capabilities in full-scenario perception, dynamic obstacle avoidance, and path planning, along with a vast amount of real-world road data. NeueHCT, leveraging the joint venture background of Horizon Robotics and Omox (within the Omotive Group), utilizes Horizon's Journey series chip platforms and Omox's supply chain quality system in the automotive industry. This partnership brings the entry threshold for urban navigation assisted driving down to the 100,000 RMB vehicle class, securing orders for over 30 models from more than 13 automakers.
MINIEYE's 2025 annual performance report shows total annual revenue of 759 million RMB, a year-on-year increase of 16.0%, with gross profit margin rising to 18.6%. Among this, the smart assisted driving business contributed 341 million RMB in revenue, mid-to-high-level intelligent driving solution revenue grew 39.0% year-on-year, and intelligent cockpit solution revenue increased by 80.2% year-on-year. In the first year of commercialization, autonomous logistics vehicles and operation services contributed 65 million RMB in revenue. Its "Xiaozhu" brand has been deployed in 18 cities across China, collaborating with over 6,000 autonomous vehicle units, covering diverse scenarios such as courier delivery, cold chain, and supermarket logistics, and has secured more than 10 pilot projects for autonomous minibuses with clients. The company expects its 2026 overall revenue target to exceed 1.3 billion RMB.
MINIEYE's ability to transfer its accumulated capabilities from assisted driving front-loading to the autonomous logistics domain is its key differentiator from pure autonomous driving startups. With its automotive-grade hardware production system and tens of millions of kilometers of real-world driving data, it can significantly shorten the cycle from R&D to deployment for autonomous logistics vehicles. NeueHCT has jointly developed an autonomous logistics vehicle solution with MINIEYE that does not rely on high-definition maps. Real-time perception via body sensors and end-to-end algorithms enable trajectory planning and safe docking, flexibly adapting to urban interior roads and campus environments.
After its establishment, the joint venture will leverage the resources of both shareholders to promote autonomous logistics vehicles into overseas markets such as Europe, the Middle East, and Southeast Asia. NeueHCT draws on the Omotive Group's localized R&D and production delivery systems in multiple overseas regions, while MINIEYE has already expanded into key markets like the EU, Australia, and Singapore, securing autonomous vehicle orders in the Middle East. According to the plan, after completing capital injection and team building, the joint venture will initiate road testing and demonstration operations for the first batch of autonomous logistics vehicles in the second half of 2026.
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