新石器创始人兼CEO余恩源表示，本轮融资将帮助夯实提升新石器在无人城配领域的技术实力和市场竞 争力，进一步加速无人车规模化商业应用的步伐，以满足持续增长的国内外城配市场的旺盛需求。 数据显示，新石器目前累计交付的L4自动驾驶车辆突破1万台，驾驶里程已突破5000万公里。 北京商报讯（记者 何倩）10月23日，北京商报记者从新石器获悉，新石器已完成逾6亿美元D轮融资， 本轮融资由阿联酋磊石资本（Stone Venture）领投，高鹄资本担任独家财务顾问。 新石器将使用本轮融资款项持续投入算法和技术研发，开发拓展面对不同商业化场景的新产品，以及进 一步完善服务网络，提升用户体验。 ...

Core Insights - Meituan has launched the first batch of unmanned micro delivery vehicles for road testing in Longhua District, marking a significant advancement in Shenzhen's smart logistics development and the integration of unmanned delivery into citizens' lives [1] Group 1: Unmanned Delivery Initiative - The "unmanned city delivery" initiative complements traditional last-mile delivery, expanding urban delivery coverage and catering to instant delivery scenarios [1] - Meituan's autonomous micro delivery vehicles utilize a collaborative model of "unmanned micro vehicles + functional unmanned cars + delivery personnel," enhancing service radius and mid-to-long distance delivery capabilities [1] Group 2: Efficiency and Reliability - After real-time testing and evaluation of the autonomous driving function, the staff noted that the new collaborative model significantly improves delivery efficiency and reliability, especially for long-distance urgent orders [1] - The initiative aims to explore the future direction of urban smart logistics by constructing a mid-to-long distance unmanned delivery network and enhancing logistics efficiency through intelligent scheduling [1] Group 3: Vertical Solutions - The project also seeks to develop full-chain solutions for specific vertical categories such as pharmaceutical cold chain and fresh food, laying the foundation for a "smart life" where "everything can be delivered" [1]

Core Insights - The commercialization path for unmanned delivery vehicles appears clearer than that for passenger transport, with companies like New Stone, Nine Intelligence, and White Rhino already operating in urban logistics [1][2] - The unmanned delivery market in China has reached a trillion-level scale, indicating significant growth potential [1][2] - Major players in the unmanned delivery sector include logistics giants like Cainiao, JD, and Meituan, as well as startups like New Stone, Nine Intelligence, and White Rhino, along with new entrants like WeRide [2][3] Market Dynamics - The unmanned delivery sector is still in its early exploratory stage, allowing new entrants to potentially overtake established players through differentiated strategies [4][5] - The competition is shifting towards a focus on technology and product capabilities, making the market increasingly competitive [5][6] - The current market landscape shows that New Stone and Nine Intelligence are leading with an expected 80% market share this year, while White Rhino and WeRide are also making significant strides [10][19] Technological Challenges - Unmanned delivery vehicles face increasing technical challenges as they transition from controlled environments to open urban roads, requiring robust environmental perception and decision-making capabilities [11][12][14] - Companies like Nine Intelligence, White Rhino, and WeRide have strong backgrounds in autonomous driving technology, which aids in quickly establishing their unmanned delivery systems [15][17] Regulatory Environment - Road rights are crucial for the commercialization of unmanned delivery vehicles, with current policies favoring cargo over passenger transport [17][18] - Leading players have successfully navigated regulatory landscapes, with New Stone and Nine Intelligence already covering over 250 cities in China [19][20] Business Models - The business model for unmanned delivery is primarily B2B, focusing on partnerships with major clients to refine products and scale operations [18][21] - Different companies adopt varied approaches: New Stone and Nine Intelligence focus on low-cost strategies to achieve scale, while White Rhino and WeRide leverage lighter asset models and strategic partnerships [21][26] Product Development - New Stone has developed a product matrix with multiple iterations, while Nine Intelligence has a streamlined product line that meets diverse loading needs [24][25] - White Rhino and WeRide focus on fewer models but emphasize high performance and adaptability to various logistics scenarios [26][29] Expansion Strategies - Companies are looking to expand both domestically and internationally, with New Stone and Nine Intelligence already entering markets in Europe and Asia [34][36] - The focus is on building dense transportation networks in cities and exploring opportunities in smaller customer segments for profitability [35][36] Future Outlook - The unmanned delivery sector is on the brink of commercialization, with significant potential for profitability emerging sooner than in the passenger transport sector [40][41] - The competitive landscape is expected to evolve as companies refine their business models and expand their operational capabilities [39][40]