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Xiaoma Zhixing and Sinotrans established a joint venture company for autonomous driving smart logistics

The Pony Chi Heng truck business ushered in another important development. On December 27, Xiaoma Zhixing, a head autonomous driving technology company, signed an agreement with Sinotrans Co., Ltd., a subsidiary of China Merchants Group, to establish a joint venture company to jointly build a high-quality intelligent logistics capacity platform with autonomous driving technology as the core. The two sides will cooperate in depth to jointly explore a new model for the large-scale commercial landing of autonomous trucks.

Xiaoma Zhixing and Sinotrans established a joint venture company for autonomous driving smart logistics

The joint venture is expected to be formally established and put into operation in early 2022. At the beginning of the cooperation, the two parties will jointly invest 100 million yuan in the joint venture company to deploy more than 100 intelligent driving heavy-duty truck fleets in the early stage, and will continue to expand the scale in the future to build a leading domestic intelligent driving heavy-duty truck fleet, providing safer, more efficient and low-cost transportation services and freight solutions.

Xiaoma Zhixing and Sinotrans established a joint venture company for autonomous driving smart logistics

Peng Jun, co-founder and CEO of Xiaoma Zhixing, said: "The development of intelligent driving technology is driving the overall innovation of travel and transportation industry, and the logistics industry is facing an important period of strategic transformation opportunities. Sinotrans is the world's leading logistics company, and Xiaoma Zhixing has industry-leading autonomous driving technology, and the cooperation between the two sides will certainly be able to create a benchmark for the large-scale commercial landing of autonomous driving technology, and promote the overall efficiency optimization, quality improvement and service upgrading of the logistics industry. We are very pleased to be able to work with Sinotrans, a subsidiary of China Merchants, to jointly shape the new pattern of the logistics industry." ”

Song Rong, Secretary of the Party Committee and General Manager of Sinotrans, said: "The cooperation between Xiaoma Zhixing and Sinotrans reflects the cultural collision and integration of technology enterprises and traditional enterprises, and puts forward new ideas and new paths for promoting the quality improvement and transformation of China's logistics industry. It is expected that in the future, the two sides will accelerate the joint construction of high-quality transportation resources driven by science and technology, jointly tackle key core technologies in the upstream and downstream of industries such as intelligent driving and green logistics, think about the future with a more long-term and open vision, take the initiative to assume social responsibility with firm faith and a high sense of mission, strengthen the resilience and stability of the industrial chain supply chain with scientific and technological leadership, and promote the industry to achieve the goal of 'carbon peak and carbon neutrality' as soon as possible. ”

Autonomous driving technology providers and logistics service providers are important participants in the large-scale closed loop of autonomous driving trunk logistics, under the framework of cooperation, Xiaoma Zhixing and Sinotrans will make use of their respective advantages to complete digital and intelligent deployment in stages through large-scale scene landing, the combination of automatic driving and logistics technology, jointly promote the landing of smart logistics technology, and ultimately achieve high-quality and large-scale autonomous driving capacity services.

Xiaoma Zhixing and Sinotrans established a joint venture company for autonomous driving smart logistics

"The comprehensive cooperation with Sinotrans will provide a strong impetus for the development of autonomous driving technology and massive scene data, and as business operations are pushed out, the data level of field road testing, transportation delivery and other links will be rapidly improved, accelerating the product iteration and landing of technology." Xiaoma Zhixing co-founder and CTO Lou Tiancheng said.

In June 2021, Xiaoma Zhika and Sinotrans jointly launched the long-distance demonstration and verification project of autonomous trucks, which verified the potential of autonomous driving technology and intelligent logistics system, improved the safety and operational efficiency of logistics transportation, and laid the foundation for in-depth cooperation between the two sides.

As a market-oriented and international leading logistics enterprise in China and a unified operation platform for the logistics business of China Merchants Group, Sinotrans has more than 70 years of profound logistics and transportation experience and a strong and stable customer base. In recent years, Sinotrans has focused on the "double carbon" goal, vigorously developed smart logistics and green logistics, focused on and continued to track the cutting-edge technology direction suitable for application in the logistics industry, deeply cultivated new scenarios in the upstream and downstream of the industry's customer supply chain, and continued to exert efforts in the large-scale application of "scene + technology" and "customer + technology", forming innovative achievements represented by loading algorithms, document identification, logistics control towers, and Internet of Things platforms, effectively promoting the quality and efficiency of the industry, and helping to improve the modernization level of the industrial chain supply chain. This cooperation with Xiaoma Zhixing to explore the large-scale commercial landing of autonomous trucks is another important achievement of Sinotrans in the field of smart logistics and green logistics.

After the establishment of the truck division xiaoma zhika at the end of last year, the business has developed rapidly, and it has obtained the first self-driving truck license in Guangdong Province, the freight road transport business license, the first batch of self-driving truck test licenses and highway test licenses in Beijing, and took the lead in the commercial operation of autonomous driving heavy trucks. By the end of November 2021, Xiaoma Zhika had achieved more than 50,000 kilometers of commercial operating mileage and transported a total of 16,400 tons of cargo. In the future, Xiaoma Zhixing will continue to explore, integrate upstream and downstream resources, empower the logistics industry with the most advanced digital and intelligent technology, and create a safe and efficient future intelligent logistics system.

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