Autozi Strikes $500 Million European Deal with Velocar to Boost Automotive Supply Chain

Reuters02-03

Autozi Strikes $500 Million European Deal with Velocar to Boost Automotive Supply Chain

Autozi Internet Technology (Global) Ltd. has deepened its partnership with European supply chain service provider Velocar Ltd., moving forward with an M&A-oriented collaboration aimed at expanding cross-border automotive supply chain operations in Europe. The companies have entered into a memorandum of understanding to facilitate this next phase, with the shared goal of achieving approximately US$500 million in revenue over the next three years. The collaboration plans to leverage Velocar’s vehicle circulation and distribution strengths in Europe alongside Autozi’s digital supply chain and industry resource integration capabilities. The parties have already begun cooperating in cross-border vehicle supply, channel coordination, and localized services, and will continue working to systematically expand market coverage and drive sustained growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Autozi Internet Technology (Global) Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN77454) on February 03, 2026, and is solely responsible for the information contained therein.

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