CiDi targets overseas growth for autonomous mining equipment

Hong Kong-listed CiDi plans to expand deployments of its autonomous mining equipment outside China, including a larger rollout of partially automated excavators in Australia this year. The company is also seeking contracts in the Middle East, South America, and Europe. CiDi expects overseas markets to contribute a double-digit share of revenue next year, up from a low single-digit level. Its revenue more than doubled to RMB884.8 million in 2025, while its global fleet grew to more than 1,700 vehicles across 30 mines and quarries. [Reuters] Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Your support helps TechNode continue to provide credible, on-the-ground journalism and industry insights about the Chinese tech industry.

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