Workflow
新石器完成万台无人车交付 无人配送迎来规模化拐点了吗?
Huan Qiu Wang·2025-09-25 02:22

Core Insights - New Stone's unmanned vehicle has achieved a significant milestone with the delivery of its 10,000th vehicle, marking a critical step from technology validation to large-scale deployment within seven years since its establishment in 2018 [1][2] - The company emphasizes safety as a non-negotiable priority, focusing its research and operational efforts on safety through a perception solution that combines vision and laser radar [1][4] Group 1: Production and Delivery - New Stone's monthly sales are approaching 2,000 units, with an expectation to exceed 15,000 units for the year and a projected domestic demand of 40,000 to 50,000 units next year [2][4] - The company has transitioned from a trial phase to commercial operations, with a tenfold increase in delivery speed from 2024 onwards [2][4] Group 2: Market Dynamics - The growth in the unmanned vehicle sector is driven by a combination of technological advancements, market demand, and supportive policies, with key milestones including the open-source Transformer in 2021 and the opening of road rights for unmanned vehicles in Beijing [4][5] - The logistics industry is experiencing a shift towards a price competition phase, but New Stone believes the true business model lies in providing transportation services rather than selling vehicles [5][6] Group 3: Opportunities and Challenges - The company currently derives 70-80% of its sales from the express delivery sector, but non-express scenarios are rapidly emerging, with significant partnerships expanding from pilot projects to large-scale operations [6][7] - The transition from planned logistics to instant logistics presents a substantial market opportunity, potentially expanding the market size from millions to tens of millions of vehicles [6][7] Group 4: Future Outlook - New Stone aims for exponential growth in the unmanned vehicle market, targeting a long-term goal of reaching one million vehicles, contingent on the gradual opening of road rights based on demand [7] - The company faces challenges in global expansion, including local regulations and the need for localized operational teams, which complicates international market entry [6][7]