Core Insights - The article highlights the recent partnership between Jiushi Intelligent and Emirates Post to establish a joint venture in the UAE, focusing on autonomous driving technology and logistics operations to enhance last-mile delivery efficiency and service quality [2][4] - Jiushi Intelligent has been expanding its international presence, achieving significant milestones in various countries, including Singapore, South Korea, Japan, and Europe, indicating a strategic push towards global markets [3][4] - The company aims to leverage the high operational costs in international markets to enhance profitability, while also recognizing the importance of domestic supply chains for successful overseas operations [5][6] Group 1: Joint Venture and Market Expansion - Jiushi Intelligent has formed a joint venture with Emirates Post to address local logistics needs in the UAE, with plans to expand services to the Gulf Cooperation Council (GCC) countries and the broader Middle East [2] - The joint venture is expected to apply for and obtain licenses for autonomous vehicles in the UAE by 2025, with commercial operations set to begin in 2026 [2] - The company has already made strides in international markets, including obtaining the first unmanned logistics vehicle license in Singapore and deploying vehicles in South Korea and Japan [3] Group 2: Market Dynamics and Challenges - The global trade tensions and geopolitical pressures have created opportunities for Chinese autonomous driving companies like Jiushi Intelligent to collaborate with foreign firms, facilitating market entry [4] - Jiushi Intelligent's co-founder noted that the international market presents a more profitable landscape due to high vehicle and labor costs, although the company still relies on domestic supply chains for cost efficiency [5][6] - The company faces challenges in adapting to different legal regulations and product requirements in various international markets, which can slow down the expansion process [6][7] Group 3: Future Outlook and Market Potential - The year 2024 is projected to be a pivotal year for Jiushi Intelligent, marking the commercialization of low-speed autonomous vehicles across cities in China, with thousands of vehicles already deployed [8] - The company believes that the logistics sector will be the optimal solution for the commercialization of autonomous driving, with significant cost savings compared to traditional delivery methods [8][9] - Predictions indicate that the global market for unmanned delivery vehicles could exceed hundreds of billions of dollars by 2027, with China expected to capture 40% of this market [9]