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EZGO, Autotrax.ai, and Zhejiang Hengyuan form alliance to launch autonomous EVs in the U.S. by 2027.

Company Fundamentals
19 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

EZGO Technologies, Autotrax.ai, and Zhejiang Hengyuan have signed a strategic agreement to integrate their technologies for a commercial autonomous vehicle solution targeting the U.S. market. EZGO brings lithium battery and vehicle control tech, Zhejiang Hengyuan contributes its iChassis platform, and Autotrax.ai offers autonomous driving engineering and California-based assembly. The alliance plans to launch all-weather autonomous logistics vehicles in the U.S. by mid-2027, aiming at the growing commercial logistics and intelligent transport sectors. EZGO will also make a strategic investment in Autotrax.ai to support expansion and compliance efforts for U.S. market entry.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

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4 hours ago
Zymeworks to report Q2 2026 results on August 6, no earnings call due to Theravance Biopharma acquisition plans

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Global Net Lease to release Q2 2026 results on August 5, with a conference call on August 6.

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Neutral
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