Baidu-backed DeepWay aims to license its e-truck tech in Europe

Targeting a Hong Kong IPO, company unveils EU strategy at Hanover trade show DeepWay hopes to make headway in Europe by licensing its e-truck technology to a local established brand. (Photo by Jens Kastner) HANOVER, Germany — Chinese electric truck and assisted driving startup DeepWay is hoping to gain an edge over its peers in Europe's mature industry by transferring technology to local partners with a view to eventually manufacturing locally, a company executive told Nikkei Asia at a trade show.

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