Analysis
Ninebot's autonomous logistics vehicle division, JiuShi ZhiNeng, has secured a significant $300 million in funding, valuing the company at over 10 billion RMB. This investment underscores the rapid growth and market potential of L4 autonomous delivery vehicles, paving the way for expanded operations across multiple international markets and cementing their position as an industry leader.
Key Takeaways
Reference / Citation
View Original"In January of this year, JiuShi merged strategically with Cainiao's unmanned vehicle business, integrating JiuShi and Cainiao unmanned vehicle dual brands, with a total RoboVan fleet size exceeding 20,000 units, covering over 300 cities in more than 10 countries worldwide."