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ZYT opens European HQ in Germany, partners with Volkswagen and Sinotruk on intelligent driving tech.

Market News
29 May 2026
Globe Newswire
View Source
Bullish
pluang ai news

ZYT (ZHUOYU Technology) officially inaugurated its European headquarters in Braunschweig, Germany, marking a key step in its 'In Europe, for Europe' strategy. The company announced collaborations with Volkswagen Group to pilot intelligent driving on the ID. Buzz electric vehicle and with Sinotruk to develop intelligent driving for commercial trucks tailored to Europe. ZYT also launched its Multimodal Foundation Model in Europe, designed to handle diverse vehicle types and complex road conditions. The company is deepening local partnerships, including with TU Braunschweig, and advancing localized R&D, data centers, and road testing to strengthen its presence in the European automotive innovation ecosystem.

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Yatsen raises $120M, hints at buying U.S. skincare brand Erno Laszlo to boost global growth.

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34 minutes ago
Burford Capital sets final dividend at 6.25 US cents per share, payable June 12, 2026.

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Burford Capital Limited announced a final dividend of 6.25 US cents per ordinary share for the year ended December 31, 2025. The dividend will be paid on June 12, 2026, to shareholders recorded as of May 22, 2026. The company also disclosed the pound...

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Neutral
1 hour ago
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