Beijing, Jan. 29 (GeokHub) Alibaba’s logistics subsidiary Cainiao is taking a minority stake in Chinese autonomous freight vehicle developer Zelostech, in a deal that will combine both companies’ unmanned delivery operations and create a business valued at roughly $2 billion, according to people familiar with the transaction.
Zelostech said the partnership will involve a deep integration between its autonomous vehicle technology and Cainiao’s self-driving logistics unit, aimed at accelerating the deployment of driverless freight vehicles across China’s delivery network.
The company emphasized that Cainiao will not become a controlling shareholder, maintaining Zelostech’s operational independence despite the strategic collaboration.
Strategic Integration in Unmanned Logistics
Under the agreement, Cainiao will contribute its autonomous-driving logistics business and inject fresh capital into Zelostech. The combined operations will focus on developing what the companies describe as a next-generation “RoboVan Super Carrier” platform for unmanned freight transportation.
Zelostech specializes in fully autonomous electric delivery vehicles, known as robovans, designed specifically for logistics use. Its flagship Z10 model can carry loads of up to 1.5 tonnes, positioning it for last-mile and short-haul freight applications.
Industry sources say Zelostech will continue operating both its own brand and Cainiao’s autonomous-driving brand simultaneously following the integration.
Alibaba’s Broader Automation Push
The move highlights Alibaba’s continued investment in automation as it seeks to lower delivery costs, improve efficiency, and reduce reliance on human drivers amid rising labor expenses and intense competition in China’s logistics sector.
Autonomous delivery vehicles have gained momentum in China as regulators gradually expand pilot zones for driverless transport, particularly in logistics and industrial parks.
Neither Alibaba nor Zelostech provided additional details on the financial structure or timeline for completing the transaction.
