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Scage Future partners with China Huaye Group to deploy up to 1,000 electric heavy-duty trucks for mining logistics.

Company Fundamentals
04 Nov 2026, 14:41 WIB
PRNewsWire
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Bullish
Scage Future partners with China Huaye Group to deploy up to 1,000 electric heavy-duty trucks for mining logistics.

Scage Future's subsidiary Guizhou Scage Tech Ltd. signed a strategic cooperation agreement with China Huaye Group to collaborate on infrastructure, mining, renewable energy, and technology projects. They plan to deploy up to 1,000 autonomous electric heavy-duty trucks to improve mining logistics by enhancing safety, efficiency, and cost-effectiveness. This initiative aims to support greener mining operations in China, combining Scage Future's zero-emission vehicle technology with China Huaye's mining expertise. The projects are subject to financing and final agreements after internal approvals.

Scage Future's strategic cooperation with China Huaye Group is contextually framed by Pluang's Industrials sector data. As of Nov 04, 2026 19:02 WIB, 82 of 135 Industrials stocks rose while 45 fell. Notable movers include Comfort Systems USA Inc (FIX) at USD 1,199.58 with a 6.66% decline, Geo Group Inc (GEO) at USD 26.30 down 6.31%, and Vertiv Holdings Co (VRT) at USD 221.30 down 6.22%.

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