Xuzhou Construction Machinery Group – Charm

Former DJI self-driving unit seeks an edge in adapting drone tech to lorries, logistics

4 months ago02 mins

The former autonomous driving unit at DJI, the world’s largest drone maker, is gearing up to serve the heavy vehicle industry in 2026, in the latest example of Chinese innovation spilling over from Big Tech firms to start-ups. Chinese self-driving tech firm ZYT plans to move into heavy-duty lorries and unmanned logistics vehicles, expanding its…

Exclusive | Heavy equipment maker Sany eyes doubling of overseas revenue after Hong Kong IPO

Cs news11 months ago03 mins

Sany Heavy Industry, one of China’s largest heavy equipment manufacturers, plans to use the sum of up to US$1.5 billion that it could raise in a proposed Hong Kong initial public offering (IPO) to support global expansion, despite ongoing trade tensions between China and the US, according to an executive. The Shanghai-listed company will use…