Scage Future Enters into Strategic Cooperation Agreement with China Huaye Group
Key Highlights
- ➤Scage Future signs one-year, non-binding cooperation framework with China Huaye Group.
- ➤Up to 1,000 electric heavy-duty trucks could support mining transportation operations.
- ➤Definitive projects remain subject to internal approvals, financing, and separate agreements.
- ➤Proposed autonomous fleet would use centralized dispatch, remote control, and driverless convoy operations.
Expert Statements
Chao Gao, Chairman and Chief Executive Officer of Scage Future
“We are exploring an initial deployment of up to 1,000 electric heavy-duty trucks to support mining transportation operations, subject to project requirements and the availability of financing. We believe our transportation solutions can address longstanding challenges in mining logistics, including operational efficiency, safety, and transportation costs.”
Yicheng Sun, Manager of Guizhou Scage Tech Ltd.
“Scage Future's autonomous heavy-duty mining trucks are designed to transform mining logistics through intelligent, unmanned transportation. Featuring centralized fleet management, remote-control capabilities, and autonomous convoy operation, these vehicles are designed to operate without onboard drivers in suitable mining environments. We envision deploying a fleet of up to 1,000 trucks to transport millions of tons of mining materials, improving operational safety, transportation efficiency, and cost competitiveness while supporting the transition toward greener mining operations.”
Scage Future Enters into Strategic Cooperation Agreement with China Huaye Group PR Newswire
NANJING, China, Nov. 4, 2026 /PRNewswire/ -- Scage Future ("Scage Future" or the "Company") (Nasdaq: SCAG), a provider of new energy and zero-emission heavy-duty commercial vehicles and e-fuel solutions, today announced that its indirect wholly owned subsidiary, Guizhou Scage Tech Ltd., has entered into a strategic cooperation agreement with China Huaye Group Co., Ltd. ("NCMCC"), a major Chinese engineering, construction and mining enterprise within the China Minmetals and China Metallurgical Group corporate system.
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