Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80m

Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80m

Photo by Eric Prouzet on Unsplash.

NYSE-listed auto parts supplier Aptiv has picked up an 18% stake in Chinese self-driving technology provider MAXIEYE Automotive Technology for 570 million yuan ($80.1 million), according to a company release on Thursday.