Cost Analysis Report on JD Logistics Autonomous Delivery Vehicles

Based on the latest market research data and industry analysis reports, I have systematically organized the operating cost situation of JD Logistics (HK02618) autonomous delivery vehicles for you:

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Cost Item	Traditional Delivery Model	Autonomous Delivery Vehicle	Difference
Hardware/Vehicle Cost	RMB 120,000	RMB 50,000	-58%
Annual Energy Cost	RMB 20,000	RMB 4,400	-78%
Annual Maintenance Cost	RMB 15,000	RMB 6,000	-60%
Annual Labor Cost	RMB 240,000	RMB 0	-100%
Annual FSD Service Fee	-	RMB 21,600	New Item
Annual Total Cost	Approx. RMB 400,000	Approx. RMB 130,000	-67%

: The annual total operating cost of autonomous delivery vehicles is approximately than that of the traditional model, with the main savings coming from labor cost substitution [1][2].

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Indicator	Data	Description
Cumulative Deployment Quantity	Nearly 2,000 units	As of June 2025
Daily Processing Volume per Unit	200-400 parcels	Normalized Operation
Cost Reduction Range	20%-30%	Compared with Traditional Delivery Model
Efficiency Improvement Range	20%-30%	Improvement in Delivery Timeliness
Procurement Plan for the Next 5 Years	1 million autonomous vehicles	Officially announced by JD Logistics in October 2025

JD Logistics has become the comprehensive logistics enterprise with the most robot applications in China’s logistics industry, and its “Wolf Clan” series robots have been deployed on a large scale in more than 20 provinces across China and more than 10 countries worldwide [3].

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Year	Vehicle Price	Daily Operating Cost	Reduction Range
2018	RMB 700,000	RMB 500	-
2021	RMB 200,000	RMB 200	-71%
2024	RMB 70,000	RMB 100	-90%
2025	RMB 50,000	RMB 80	-93%

:

• Localization of Lidar
  : Reduced from RMB 80,000 to RMB 3,500
• Large-Scale Production
  : King Long Motors has a customized production capacity of over 10,000 units/year for JD
• Optimization of Technical Route
  : Shifted from the ‘multi-sensor solution’ to ‘vision-based + lidar backup’ [1][2]

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Taking the Jiushi E6 model as an example (adopting the same technical route as JD Logistics):

Item	Amount
Vehicle Price (Excl. Fees)	RMB 50,000
Annual Average FSD Service Fee	RMB 21,600 (RMB 1,800/month)
Annual Average Energy Cost	RMB 4,400
Annual Average Maintenance Cost	RMB 6,000
Annual Average Total Cost	Approx. RMB 42,000
Annual Labor Cost Savings	Approx. RMB 200,000 (replacing 4 couriers)
Annual Average Net Savings	Approx. RMB 158,000
Payback Period	Approx. 3.5 months

: One autonomous delivery vehicle can replace the work of 4 couriers. Calculated at a monthly salary of RMB 5,000 per person, the annual labor cost savings is approximately RMB 200,000. After deducting all costs, the annual average net savings exceed RMB 150,000 [1][2].

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:

• Calculated based on national courier outlets, the market space is approximately
  RMB 468 billion
• Calculated based on the number of national residential communities, the market space reaches
  RMB 546-728 billion
  [2]

:

• As of June 2025,
  103 cities
  across the country have opened road right pilots for autonomous logistics vehicles
• The State Post Bureau has proposed accelerating the large-scale application of unmanned aerial vehicles (UAVs) and autonomous vehicles [1]

:

• Insufficient cost-effectiveness of labor cost substitution in small cities
• Restrictions on areas with open road rights
• Technical maturity and safety still need continuous verification

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The above chart shows: 1) Comparison of delivery cost structures; 2) Comparison of annual total costs; 3) Trend of vehicle price changes; 4) JD Logistics deployment scale plan.

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[1] 7ITS - “Why Have Autonomous Logistics Vehicles Suddenly Entered a Boom Period?” (October 2025)
https://www.7its.com/?m=home&c=View&a=index&aid=29040

[2] eBrun - “From Hundreds of Thousands to Ten Thousands: Autonomous Delivery Vehicles Launch a Territory Battle” (2025)
https://m.ebrun.com/615169.html

[3] Securities Times - “3 Million Robots, 1 Million Autonomous Vehicles, 100,000 UAVs! JD Logistics’ Official Announcement” (October 24, 2025)
https://www.stcn.com/article/detail/3408608.html

[4] 36Kr - “Crazer Than RoboTaxi: The ‘Extreme Battlefield’ of Autonomous Logistics Vehicles” (2025)
https://eu.36kr.com/zh/p/3438086959372421