Core Insights - Shenzhen is becoming a testing ground for large-scale application of unmanned delivery technology, with JD Logistics leading in this sector [3][5] - The sixth-generation intelligent delivery vehicles from JD Logistics feature advanced autonomous driving capabilities, including L4-level automation and a range of over 160 kilometers, enabling continuous operation for over 8 hours [3][5] - The operational efficiency of these unmanned vehicles has improved by nearly 70%, while costs have decreased by 23%, primarily serving the Pingshan District and Longgang District [3] Company Developments - As of the end of July, the total number of functional unmanned vehicles in Shenzhen has surpassed 800, with an operational network exceeding 1,800 kilometers [3] - JD Logistics is exploring new models for integrating unmanned vehicles with metro systems, aiming to expand the usage scenarios for these vehicles [5] - The company has received support from local government initiatives, allowing it to open new delivery routes and obtain road rights in the Luohu District [5] Industry Trends - The deployment of JD Logistics' unmanned vehicles is reshaping the last-mile logistics network in large urban areas, addressing challenges posed by complex traffic environments [3][5] - The integration of a city-level digital twin platform, TransPaaS, is facilitating the management and approval processes for unmanned vehicles in Shenzhen [5] - The presence of these unmanned vehicles is becoming a familiar sight in Shenzhen, indicating a shift towards smarter logistics solutions [7]

Core Viewpoint - JD Group is strategically entering the autonomous taxi market by applying for multiple "Joyrobotaxi" trademarks, indicating a formal commitment to this emerging sector [1]. Group 1: Trademark Registration - JD Group's subsidiary, Beijing JD 360 Degree E-commerce Co., Ltd., has applied for several "Joyrobotaxi" trademarks, covering categories such as transportation tools and scientific instruments, currently awaiting substantive examination [1]. - The company was established in April 2007 with a registered capital of 2.92 billion yuan, co-owned by Miao Qin, Li Yiyun, and Zhang Peng [2]. Group 2: Strategic Partnerships - In January 2024, JD entered a strategic partnership with Lantu Motors to create an online user experience sales platform, followed by a strategic agreement with BYD in March 2024 [3]. - JD's CEO Xu Ran emphasized the company's focus on the automotive sector, aiming to develop a comprehensive supply chain service model for the industry [3]. Group 3: Autonomous Driving Technology - JD has accumulated experience in autonomous driving technology through its logistics operations, with plans to leverage this expertise for the autonomous taxi business [4]. - The sixth generation of JD's logistics delivery vehicles, equipped with advanced technologies, has been announced for large-scale deployment, enhancing detection and perception capabilities [4]. Group 4: Market Trends and Competitors - The autonomous taxi market is witnessing significant activity, with competitors like Pony.ai and WeRide making strides in major cities, and global players like Waymo and Tesla also advancing their autonomous taxi services [5]. - Dongwu Securities predicts that the market for autonomous taxis could reach 200 billion yuan by 2030, with a projected 36% share of B-end shared mobility [6].