Eacon Group Co. Ltd., the Chinese autonomous driving company, filed for an initial public offering (IPO) on the Hong Kong Stock Exchange on Wednesday. The move marks a rare public debut in the commercial driverless tech space.
Founded in May 2018, Eacon specializes in autonomous solutions for mining operations — one of the few segments where driverless vehicle deployment has scaled up. While the dream of robotaxis remains tangled in regulatory and technical hurdles, mining’s controlled environments have proved fertile ground for automation. From the outset, Eacon trained its sights on this niche.
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