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Neolix Raises US$600+ Million in Series D, Setting New Record for China’s Autonomous Driving Industry

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BEIJING, Oct. 24, 2025 /PRNewswire/ — Neolix, the world’s largest provider of L4 autonomous delivery (RoboVan) solutions, has raised over US$600 million in its Series D financing. This round marks the largest private fundraising in China’s autonomous driving sector to date and is among the biggest private investments in China this year.

Neolix secures the largest-ever private fundraising in China's autonomousdriving industry
Neolix secures the largest-ever private fundraising in China’s autonomousdriving industry

The round was led by UAE-based Stone Venture, joined by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund and one of the largest internet platforms in China. Other key investors include Legend Capital, Gaorong Ventures, Templewater, SAIC etc. The new funds will be used to advance Neolix’s proprietary autonomous driving algorithms, accelerate product development across new commercial use cases, enhance its service network and user experience, and fuel its global expansion plans.

Founded by Mr. Enyuan Yu, Neolix has rapidly emerged as a global leader in autonomous delivery vehicles since its launch in 2018. The company has delivered over 10,000 L4 RoboVans, more than any other firm worldwide, and achieved a record-breaking 2,000 vehicle deliveries in a single month. Its vehicles are now deployed in over 300 cities in China, with Qingdao hosting more than 1,200 units. Neolix’s popular X3 and X6 models have each surpassed 4,000 deliveries, demonstrating strong market demand.

Technologically, Neolix has introduced major innovations, including its AI model “Neolix-VA” for smooth navigation in complex traffic, a map-free driving system for flexible urban logistics, and a smart dispatch platform that optimizes vehicle, road, and order coordination. These advancements have helped Neolix’s fleet surpass 50 million kilometers in autonomous driving.

Since receiving China’s first autonomous delivery license in 2021, Neolix has grown exponentially, now holding over 60% of the market share in cumulative shipments and serving more than 300,000 clients. It dominates the express delivery sector and is expanding into fresh food, cold chain, and instant delivery services. Internationally, Neolix is scaling up, having secured the UAE’s first RoboVan license in partnership with an Abu Dhabi – based Tech Company, marking its global expansion beyond China.

 

The Hong Kong International Optical Fair opens in early November

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Over 660 global exhibitors to showcase innovation, elderly care, design and sustainability

  • The 33rd Hong Kong International Optical Fair will showcase over 660 exhibitors from 19 countries and regions. Highlights will include the debut of the ASEAN Pavilion and Zhejiang Pavilion. For the first time, exhibitors from Indonesia, Russia and Vietnam will further expand the Fair’s international network
  • The Hong Kong International Optometric Symposium will gather experts from Hong Kong, Australia, Singapore and the United Kingdom to share the latest developments in senior vision care
  • The 25th Hong Kong Eyewear Design Competition — themed “Blending Tradition and Technology” — will display winning and shortlisted entries onsite

HONG KONG – Media OutReach Newswire – 24 October 2025 – Organised by the Hong Kong Trade Development Council (HKTDC) and co-‑organised by the Hong Kong Optical Manufacturers Association, the 33rd Hong Kong International Optical Fair will be held from 5 to 7 November 2025 at the Hong Kong Convention and Exhibition Centre. The fair will bring together more than 660 exhibitors from 19 countries and regions, and present a one-stop showcase of innovative and high-tech eyewear designs and products.

Optical 2025

Register for FREE buyer badge: https://tinyurl.com/5b7emnhw

Jenny Koo, Acting Executive Director of the HKTDC, said: “This year’s Hong Kong International Optical Fair, themed ‘Bright Eyes * New Horizons‘, showcases a wide array of products encompassing smart technology, healthcare, senior-oriented designs and sustainable elements. It demonstrates breakthroughs in function and aesthetics, reflecting global eyewear market trends and reinforcing Hong Kong’s role as an international trading hub.”

Industry development drives new opportunities

Hong Kong’s total exports of spectacles, lenses and frames reached HK$13.7 billion in the first eight months of 2025. The European Union, the United States, and Chinese Mainland are Hong Kong’s top three export markets respectively, with exports to the mainland surging 23% year-on-year. Despite intense global competition, Hong Kong’s eyewear industry continues to maintain its strengths in design, technology and quality.

This year’s fair brings together exhibitors from around the world, including first-time participants from Indonesia, Russia and Vietnam, alongside representatives from France, Germany, Italy, Spain, Switzerland, the United Kingdom and the United States across Europe and the Americas; and Japan, Korea, Singapore and Thailand within Asia. The fair will also feature exhibitors from Chinese Mainland, Hong Kong, Taiwan and Macao. Ten group pavilions — including the Hong Kong Optical Manufacturers Association (HKOMA), Chinese Mainland (with delegations from Danyang, Zhejiang and Yingtan), Taiwan, Japan and Korea, as well as “Visionaries of Style” showcasing creative and trendy designs — will showcase international brands and leading local enterprises to demonstrate optical fashions and manufacturing innovation.

The ASEAN Pavilion will make its debut this year, with an Indonesian exhibitor presenting Halal-certified eyewear products, demonstrating the industry’s awareness of cultural sensitivity and market diversity. The signature “Brand Name Gallery” will feature over 200 international brands which encompass designer eyewear, trendsetting collections and high-technology eyewear and provide buyers with a one-stop sourcing platform.

Events to showcase industry expertise and creativity

A series of seminars, eyewear parades and other events will highlight the creative thinking and technological achievements of the optical industry. The 23rd Hong Kong International Optometric Symposium — themed “Age Well, See Well: Redefining Eye Care for the Golden Age” organised by the HKTDC and co-organised by The Hong Kong Optometric Association and The Hong Kong Polytechnic University will be held on 6 November. Sessions will focus on vision care for the ageing community and feature six experts and academics from Hong Kong, Australia, Singapore and the United Kingdom. They will share insights on topics such as age-related visual challenges, diabetic retinopathy, and optometric care for patients with cognitive impairment, and provide attendees with international perspectives and the latest clinical research trends. The symposium is accredited by the Optometrists Board of Hong Kong, and participants attending the full-day conference may be eligible for up to six Continuing Professional Development (CPD) hours.

The 25th Hong Kong Eyewear Design Competition, co-organised by HKTDC and the Hong Kong Optical Manufacturers Association, will present the theme “Blending Tradition and Technology“. It is aimed at fostering local design and manufacturing innovation and will include an Open Group as well as a Student Group. The award presentation will be held on 5 November, and shortlisted entries will be exhibited onsite at Brand Name Gallery (BNG) Rendezvous, Grand Hall during the fair, giving visitors an opportunity to appreciate the creativity and flair of Hong Kong eyewear design.

The fair will continue to adopt the EXHIBITION+ hybrid model which seamlessly integrates online and offline elements to extend business opportunities. Exhibitors and buyers can connect and arrange meetings through the Click2Match online smart business-matching platform until 14 November. During the physical event, buyers can also use the Scan2Match function on the HKTDC Marketplace App to scan exhibitors’ QR codes to bookmark favourite suppliers, access product details and interactive floor plans, and make product enquiries—enabling engagement with exhibitors before and after the fair to continue their sourcing journey.

【Featured Products】

As global markets evolve and technology advances, eyewear design moves towards premium quality, multifunctionality and personalisation. This year’s exhibitors will showcase a wealth of innovative products that integrate scientific research, design excellence and sustainability concepts, reflecting four key market trends: smart technology, eye health, functionality & design, and sustainability. These innovative offerings illustrate how the optical industry harnesses creativity to meet the needs of a new era. Selected featured products include:

Smart Technology:

LAWK One & LAWK VIEW

Combining AR Visualisation with Optical Waveguide display, 4K Ultra HD recording, AI real time translation and smart voice assistant functions, this smart eyewear opens up new possibilities for everyday life, travel and professional applications.

Hangzhou Lawaken Artificial Intelligence Technology Co., Ltd.

Product Zone: Smart Eyewear
Booth: 1D-F06

Eye Health:

OOley O-Goggle

Invented by three PhD doctors at the Hong Kong University of Science and Technology, this innovative eyecare solution delivers direct eyeball “massage” to help relieve glaucoma and dry eye symptoms. The product has won the James Dyson Award and the Silver Diploma at the International Exhibition of Inventions in Geneva.

OOley Care Co. Ltd.

Product Zone: Innovation Hub
Booth: GH-D21

O4i Glasses

Crafted with a Hong Kong-patented graphene alloy eyewear frame and its exclusive manufacturing process, this eyewear seamlessly blends sleek style with practical functionality. It not only elevates your look but also works to boost blood circulation and ease dry eye discomfort, perfectly merging functional performance with lifestyle aesthetics.

Grand Maple Optical Limited

Product Zone: Brand Name Gallery
Booth: GH-B07


Functionality & Design:

One Frame, Many Lenses

This eyewear allows wearers to instantly switch between reading, distance or sunglasses lenses. Made from ultralight Beta Titanium with a simple snap-on rim design. Designed for presbyopia and the silver market, it offers a stylish and practical wearing experience.

Sasamata Co Ltd

Product Zone: Japan Pavilion
Booth: GH-C11

NIRTECH® Sunglasses with cooling functions

Equipped with NIRTECH® lens technology, it effectively blocks Near Infrared Radiation (NIR) to reduce eye heat and fatigue, keeping the eyes cool and comfortable under strong sunlight, making it an ideal choice for outdoor and sports activities.

Greatland Enterprise Co Ltd

Product Zone: Taiwan Pavilion
Booth: 1C-F09


Sustainability:

JLX STUDIO MADE 3D Printed Eyewear

Founded by a Hong Kong eyewear designer, JLX STUDIO MADE focuses on 3D‑printed eyewear. The brand blends traditional craftsmanship with digital technology, using eco‑friendly 3D-printing to reduce production waste and showcase a sustainable, customized vision for the future of eyewear.

Wenzhou Lynns Design Co. Limited

Product Zone: Designer Cafe
Booth: GH-C25

Websites:
The Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en

Event details of the Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en/intelligence-hub

The 23rd Hong Kong International Optometric Symposium: https://www.hktdc.com/event/hkopticalfair/en/the-23rd-hong-kong-international-optometric-symposium

The HKTDC’s Media Room: http://mediaroom.hktdc.com/en

Fair Details
Date: 5 – 7 November 2025 (Wednesday to Friday)
Time: (5 to 6 November) 9:30am – 6:30pm
(7 November) 9:30am – 5:00pm
Venue: Hong Kong Convention and Exhibition Centre
Admission: For trade visitors aged 18 or above only.
Onsite Registration Fee: HK$100 per person (free for e-Badge registration and pre-registered buyers)

Click2Match – Smart Business Matching Platform
Date: 29 October – 14 November

Hashtag: #HKTDC



The issuer is solely responsible for the content of this announcement.

About HKTDC

The is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises , and to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via and . For more information, please visit: . Follow us on X and

Nova Technology Upgrades AI Claim Agent, Driving Next-Generation Intelligent Claims

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SHANGHAI, Oct. 24, 2025 /PRNewswire/ — Nova Technology International Co., Ltd. (hereinafter “Nova Technology”), a leading AI technology company in China’s insurance industry,  announced an upgrade to its AI Claim Agent. The enhanced AI Claim Agent achieves an automatic review rate up to 80%, significantly improving claim efficiency and accuracy, while the industry average is only around 30%. It enables insurance companies to build a highly efficient and reliable intelligent claim system, simultaneously delivering a superior customer experience.

Nova Technology has leveraged its proprietary technologies, including breakthroughs in vertical-specific models, a comprehensive knowledge base, and multi-agent AI systems, to provide insurance companies with AI claim solutions tailored to their business needs, continuously driving digital transformation and intelligent automation across the industry.

Nova Technology’s AI Claim Agent utilizes a sophisticated multi-agent architecture that breaks down complex claim tasks into collaborative subtasks. Specialized agents manage functions like policy interpretation, incident analysis, liability verification, and risk control. This professional collaboration mechanism allows the system to understand, evaluate, and adjudicate cases without human intervention, achieving intelligent liability determination and automated payout calculation, even for complex claims.

The upgraded AI Claim Agent is powered by Nova Technology’s proprietary Lop Nur system, which integrates multiple AI agents, an extensive knowledge base, and professional tools to enhance the entire claims process. The system supports liability assessment and actuarial capabilities across all health insurance types nationwide.

Starting from claim reporting, customers can initiate a claim with a single click, without the need to submit supporting materials upfront. During the data collection stage, Nova Technology’s intelligent data entry system applies advanced technologies — including e-invoice processing, optical character recognition (OCR), and large language models (LLMs) — to interpret claim data and efficiently retrieve authorized electronic health records from hospitals. This intelligent process ensures data accuracy and completeness, enabling all relevant information to be captured swiftly and precisely.

Upon completion of data collection, Lop Nur’s multi-agent claim system accelerates the review process by leveraging comprehensive insurance databases to enhance liability assessment and payout calculation. This integrated approach streamlines settlements, reduces errors, and ensures timely support for claimants. At the same time, the system identifies potential high-risk and fraudulent claims, enabling targeted investigations that prevent improper payouts while ensuring legitimate claims are processed efficiently and fairly.

Unlike conventional knowledge repositories, the Lop Nur system incorporates purpose-built risk analytics capabilities, enabling insurers to benefit from the company’s industry-leading, efficient, and accurate AI claim solutions across the entire process.

According to a Frost & Sullivan report, Nova Technology maintains one of the most comprehensive claim knowledge bases in China—based on the 2024 total volume of insurance and medical knowledge—covering more than 3.8 million conceptual items and 5,000 decision-making items. In its latest version, the knowledge base has been further expanded and enhanced with advanced reasoning capabilities, significantly improving risk identification and policy interpretation accuracy in complex claim scenarios.

The product has been deployed across multiple insurance institutions and has successfully passed rigorous enterprise-level validation for stability and security. In practical deployment, Nova Technology’s AI Claim Agent achieved an automatic review rate of up to 80.0%, calculated by dividing the number of claims settled without manual intervention by the total number of claims processed. The automatic claim review process achieved an industry-leading decision accuracy rate of up to 98.0%. This performance significantly outperforms traditional manual review processes in both speed and precision.

Nova Technology stated that the upgraded AI Claim Agent fully reflects the company’s long-term expertise in multi-agent AI systems and insurance knowledge base, and marks a new phase in which the company is advancing claim intelligence with AI into a systematic and deeper level of application.

ChainUp Investment Unveils Blueprint for Family Offices, Declares Bitcoin’s New Highs Confirm Institutional Era

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HONG KONG, Oct. 24, 2025 /PRNewswire/ — In a recent panel discussion at the World Family Office Forum Asia, Amanda He, Chief Investment Officer of crypto asset management firm ChainUp Investment, asserted that the recent milestones in Bitcoin’s price are a reflection of digital assets entering their institutional phase. Amanda, with a background rooted in both traditional finance and Web3 innovation, stated that this new era is fundamentally different from past cycles, driven by institutional adoption that is “accelerating, penetrating more markets, more product types, and deeper layers of the financial system.”

Amanda’s core message for professional allocators was clear: “be early late, not sorry late.”

Investment Strategies to Generate “Real Alpha”

Amanda explained that given the market’s current stage, the best approach for family offices is not passive holding or early-stage venture capital. She argued that the market is “still inefficient, information is fragmented, and behavioral biases are strong,” creating an environment where “skilled discretionary or quantamental managers can still generate real alpha.”

To illustrate her point, Amanda outlined several strategies tailored to different investor profiles coming from real case of family office clients:

  • For aggressive clients like Ultimate Beneficial Owner (UBO) with tech background or crypto knowledge: She recommends long-only or discretionary strategies that rotate across sectors.
  • For Bitcoin believers such as most crypto native investors: Amanda’s team also provides BTC-based yield strategies, such as structured fixed-term products with capital protection or volatility/options strategies.
  • For conservative investors for those Multi-Family Office or with little knowledge in crypto: The ideal entry point is delta-neutral arbitrage, which provides stable, low-volatility yield with some upside in a bull market.

DeFi and DeAI as the Future of On-Chain Finance

“Investment is always about being forward-looking,” said Amanda, who identified DeFi (Decentralized Finance) and DeAI (Decentralized Artificial Intelligence) or DePin (Decentralized Physical Infrastructure) as the most compelling sectors. While she views Layer-1s and Layer-2s as the foundational backbone, she is more bullish on the Decentralized Application sectors that can truly reshape the financial industry.

“DeFi is the most investable theme. We’re entering the ‘tokenize-everything’ era, first in gold, then T-bills and T-bonds, and now stocks. So what’s coming next after all those assets issuance on-chain completed? Those assets should generate yields on-chain. Hence DeFi is coming into the center of the stage.” she said. She summarized her view with a clear distinction: “DeFi for execution, DeAI for imagination.”

The Definitive Case for Bitcoin over Gold

In her most direct statement, Amanda addressed the long-term valuation of Bitcoin, setting a bold benchmark against gold.

“If Bitcoin ultimately matches gold’s role, one BTC should equal about 10 kilograms of gold, which is roughly USD 1.27 million at today’s prices,” she projected. When asked to choose between the two for a five-year allocation, her answer was simple and unequivocal: “100% Bitcoin for allocation, while not missing out timing alpha return in gold.”

“Gold was the store of value of the past—Bitcoin is the store of value of the future,” she concluded.

About ChainUp Investment
ChainUp Investment is a pioneering crypto asset management firm committed to delivering superior returns through innovative strategies, cutting-edge technologies, and market insights. As a cornerstone investor in the HK BTC and ETH ETF, ChainUp Investment is well-positioned to lead in providing robust and diversified investment solutions in the expanding global crypto market. ChainUp Investment is part of the ChainUp group of businesses.

About ChainUp
ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.

ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity technology, white label MPC wallet, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/.

CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics

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HONG KONG, Oct. 24, 2025 /PRNewswire/ — In the latest episode of ‘Tech For Good’, CNN anchor and correspondent Kristie Lu Stout meets the young innovators designing cutting-edge technology that could one day revolutionize search and rescue missions.

CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics
CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics

CNN first visits The Hong Kong University of Science and Technology, where student Jimmy Wu Chun-Ming and his team have developed AeroRelief, a smart delivery drone system designed to enhance emergency response in remote areas.  What sets this technology apart from others is its SMS locating system and AI-driven dispatch assistance platform which suggests what equipment is needed during an emergency. It aims to close the critical time gap before first responders can arrive in remote areas, where every minute counts.

From emergency services to rescue operations, CNN visits Switzerland for the ARCHE (Advanced Robotic Capabilities for Hazardous Environments) event, where students developing the latest disaster relief robots can test their technologies in a simulated environment. Among this year’s standout creations are Magnecko, a climbing robot with magnetic feet developed by students at ETH Zurich, and Roboa, a snake-like robot designed to search for people trapped under rubble.

Across the globe, similar breakthroughs are taking shape. In the United States, Firebot – developed by University of Texas at Austin graduate Siddharth Thakur – is a cutting-edge fire robot equipped with thermal cameras, sensors, and gas detectors to safely navigate hazardous environments. It delivers real-time data to firefighters before they enter a blaze, enhancing safety and efficiency while minimizing risk.

Finally, as part of the show’s ‘Where Are They Now?’ segment, Max Lee and Josua Chan, creators of LifeSparrow, an AI drone software that’s designed to locate missing hikers in Hong Kong, are catching the world’s attention again. Since their 2023 feature in ‘Tech for Good’, their technology has expanded to perform various other tasks including spotting wildfires, monitoring country parks and assisting with maritime rescue.

Tech for Good trailers: http://bit.ly/4qoLFxn
Tech for Good images: http://bit.ly/4qquDz8
Tech for Good microsite: https://cnn.it/3PB5DSq 

Airtimes for 30-minute special: 

Saturday, 25th October at 12:30pm HKT
Sunday, 26th October at 12.30am and 6pm HKT
Monday, 27th October at 11:00am HKT

– Ends –

About CNN International  

CNN’s portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 379 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI’s non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a Warner Bros. Discovery company.

 

Neolix Raises US$600+ Million in Series D Funding, Setting New Record for Private Financing of China’s Autonomous Driving Industry

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Advertorial Desk
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BEIJING, Oct. 24, 2025 /PRNewswire/ — Neolix, the world’s largest provider of L4 autonomous delivery (RoboVan) solutions, has raised over US$600 million in its Series D financing. By deal size, it is the largest private fundraising in China’s autonomous driving sector to date and is among the biggest private investments in China this year.

Neolix secures the largest-ever fundraising in China's autonomous driving industry
Neolix secures the largest-ever fundraising in China’s autonomous driving industry

The round was led by UAE-based StoneVenture, joined by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund and one of the largest internet platforms in China. Other key investors include Legend Capital, Gaorong Ventures, Templewater, etc. Existing backer Yunqi Partners also increased its holdings, while Cygnus Equity acted as the exclusive financial advisor for the transaction.

This round marks a new chapter in Neolix’s mission to “make autonomous vehicles accessible worldwide,” underscoring strong investor confidence in the company’s technological edge and commercial momentum. Neolix plans to use the funds to further invest in algorithm and technology R&D, develop new products for diverse commercial scenarios, enhance its service network and user experience, and fuel its global expansion plans.

Neolix’s Founder and CEO, Enyuan Yu, stated that the Series D fundraising will strengthen Neolix’s technological and market leadership in autonomous intra-city logistics, accelerating large-scale commercial deployment to meet growing domestic and international demand. “We believe autonomous delivery is a key part of future urban logistics. Neolix will continue building a robust fleet, advancing visual algorithms and dispatch engines to deliver safe and efficient autonomous solutions. Our goal is to empower urban logistics with autonomous driving, making RoboVans a new productivity tool and driving digital transformation in the industry.”

Leading the RoboVan Industry Into Large-Scale Deployment

Founded by Mr. Enyuan Yu, Neolix has rapidly emerged as a global leader in autonomous delivery vehicles since its launch in 2018. The company has delivered over 10,000 L4 RoboVans, more than any other firm worldwide, and achieved a record-breaking 2,000 vehicle deliveries in a single month. Its vehicles are now deployed in over 300 cities in China, with Qingdao hosting more than 1,200 units. Neolix’s popular X3 and X6 models have each surpassed 4,000 deliveries, demonstrating strong market demand.

On the technology front, Neolix continues to pioneer breakthroughs. Its proprietary “Neolix-VA” vision-action foundation model marks the first large-scale deployment of an end-to-end model in the logistics sector, enabling RoboVans to navigate complex traffic environments through superior spatial intelligence and behavioral reasoning.

Neolix is also the first company to deploy map-free autonomous driving in freight industry , enabling true point-to-point delivery on public roads with full environmental generalization. Its AI-powered Dispatch Center integrates real-time data on vehicles, routes, and orders to optimize fleet performance. Collectively, Neolix’s L4 autonomous vehicles have accumulated over 50 million kilometers of real-world L4 driving, keeping the company far ahead of peers.

Expanding Market Share and Commercial Scenarios

Since obtaining China’s first autonomous delivery license in 2021, Neolix has experienced explosive growth. Vehicle deliveries have increased more than tenfold annually for two consecutive years. Today, the company holds over 60% of cumulative market share, 70% of new monthly shipments, and 80% of monthly revenue in China’s autonomous delivery vehicle segment, serving more than 300,000 clients ranging from large enterprises to small businesses.

In the express delivery sector, Neolix commands a leading position as the only RoboVan supplier serving all major logistics players in China, including SF Express, JD Logistics, China Post, STO, YTO, ZTO, and J&T Express, capturing nearly 70% of key account tenders.

Beyond express logistics, Neolix is rapidly expanding into fresh food, cold chain, supermarket, and urban freight scenarios, driving operational efficiency and service reliability, particularly during nighttime operations, where a single RoboVan can complete over 10 delivery cycles per shift.

Earlier this year, Neolix and Didi Freight jointly launched the world’s first RoboVan-as-a-Service (RaaS) model for on-demand logistics, significantly lowering the barrier to autonomous delivery adoption.

Orders from these diversified urban logistics scenarios now account for more than half of Neolix’s monthly order volume. In the broader urban logistics segment, Neolix currently serves hundreds of top-tier clients and commands over 60% market share.

Accelerating Global Expansion

Neolix’s success extends beyond China. In October 2025, Neolix partnered with K2 Group, an Abu Dhabi–based AI technology firm, to secure the first RoboVan license ever issued in the UAE, paving the way for scaled deployment across the Middle East. The company also joined Japan’s largest autonomous driving association, Autoware, in September 2025, and in July 2025, signed a strategic cooperation agreement with the Incheon Metropolitan Government to promote RoboVan deployment in South Korea.

Industry Outlook: 2025, the Breakout Year for Autonomous Delivery

Analysts anticipate exponential growth in autonomous delivery vehicles over the next three years. Soochow Securities forecasts that more than 30,000 units will be sold in China in 2025 alone.

Neolix estimates that China’s urban logistics market, currently served by about 30 million delivery vehicles valued at over RMB 3 trillion, is poised for large-scale automation. Within three years, major cities such as Beijing, Shanghai, and Guangzhou could each see thousands of autonomous vehicles operating daily. Once fleets reach a certain level, Neolix envisions an intelligent logistics network serving both enterprises and individuals, enabling shared capacity and highly efficient resource allocation.

Investor Endorsements

Hong Jing, Founding Partner and CEO of Gaocheng Capital:

“As an industry leader, Neolix has been at the forefront of exploring the implementation of L4 autonomous driving technology in the logistics sector and achieving Product-Market Fit. It has experienced rapid growth on the path to commercializing unmanned driving technology, serving numerous leading customers within the industry, while also demonstrating highly competitive development potential in overseas markets. As a patient growth-stage fund, we hold a highly optimistic view of China’s world-leading position in integrating hardware and software capabilities. We are committed to continuously supporting and assisting Neolix in creating value for its customers and the broader industry, consolidating its leadership position, and facilitating the global expansion of China’s cutting-edge technologies.”

Wang Lin, Founding Partner at CDH:

“Amid widening labor shortages and surging parcel volumes, Neolix’s autonomous delivery vehicles represent more than just tools, they are keys to breaking through industry bottlenecks. CDH VGC will leverage its extensive industrial resources to help Neolix integrate deeply with China’s robust supply chain ecosystem and diversified logistics scenarios, supporting its evolution from mass deployment to global ecosystem building. We aspire to be an ‘intelligent partner’ of our era, joining hands with true builders to drive industrial transformation.”

Zhao Lei, Partner at CITIC Capital:

“Our investment reflects long-term conviction in the transformative potential of smart logistics. Autonomous driving technology will fundamentally reshape the industry’s cost structure and operations. What sets Neolix apart is its ability to innovate consistently and create enduring value, which could be the strongest competitive moat. As a long-term partner, CITIC Capital will leverage deep industrial expertise to help Neolix expand new applications, accelerate technological iteration and global growth, defining the future paradigm of logistics.”

Chen Yu, Partner at Yunqi Partners:

“Since Neolix’s founding, we’ve been firm believers in its long-term potential in autonomous delivery. From the first vehicle to the ten-thousandth, the team has continuously raised the bar for the industry through solid engineering and relentless innovation in terms of algorithms, systems, and monetization. Yunqi Partners will continue to accompany Neolix on its journey, driving deeper application of autonomous driving across China’s trillion-level logistics market.”

About Neolix

Neolix is a leading provider of L4 autonomous delivery (RoboVan) solutions worldwide. Its self-developed L4 autonomous vehicles are widely deployed across express delivery, urban logistics, and other key scenarios. Guided by our mission to make autonomous vehicles accessible worldwide, Neolix has deployed over 10,000 units in 300 cities across 15 countries, covering more than 50 million kilometers of autonomous operation—among the top in the industry for both deployment scale and operational mileage.

Backed by full-stack capabilities spanning in-house software and hardware development, vehicle manufacturing, and intelligent dispatching, Neolix has filed over 1,500 patents. Designed to help clients reduce costs and enhance efficiency at scale, Neolix vehicles enable 24/7 autonomous operations—running reliably in all weather conditions, at any time of day, and across a wide range of complex road scenarios.

Four Dead in Xieng Khouang Linked to Illegal Gold Mining

By
Phontham Visapra
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Four Dead in Xieng Khouang Linked to Illegal Gold Mining
This image is used only for representational purpose (photo credit: Mindat)

Xieng Khouang Province has reported four deaths in 2025 related to illegal gold mining, highlighting ongoing safety and regulatory issues in the region. The report did not specify the exact date of the incidents.

Continue

Registration, Licensing Required for Sound System Use During That Luang Festival

By
Namfon Chanthavong
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The Department of Culture and Tourism of Vientiane Capital has announced that all individuals, businesses, and organizations planning to use loudspeakers or sound systems during the That Luang Festival and Trade Fair 2025 must register and obtain the required licenses by 30 October.

According to the department, anyone wishing to use sound systems, organize concerts or cultural performances, or display advertisements during the festival must first receive official approval. 

The registration process aims to ensure that all activities comply with festival regulations and contribute to maintaining order, safety, and respect for the cultural and religious significance of the event.

A representative from the tourism department explained that the That Luang Festival is one of the most sacred and important celebrations in Laos, attracting thousands of visitors each year. Proper registration and licensing will help ensure that entertainment and promotional activities are managed responsibly, without disturbing the festival’s atmosphere.

The Department of Culture and Tourism has invited both domestic and international participants to submit their applications as soon as possible. The office has also confirmed that staff are available to assist anyone seeking information or support with the registration process.

Heightened Security at That Luang Festival

Meanwhile, Vientiane authorities have announced the deployment of more than 2,000 police officers to safeguard the festival and maintain public order during the celebrations, which will take place from 1 to 5 November at That Luang and the Lao-ITECC Exhibition Center.

According to the Subcommittee on Security, a total of 2,015 officers will be stationed throughout key areas of the city. Some officers will be positioned at the main festival sites, while others will handle traffic management and monitor major intersections, checkpoints, and police stations to ensure the smooth movement of people and vehicles across the capital.

Police have urged residents and visitors to follow all festival regulations, keep personal belongings safe, and park only in designated areas. 

They also advised the public to take precautions at home by checking electrical systems, avoiding large sums of cash, and labeling children’s bags with contact details.

The use of weapons, fireworks, sky lanterns, and drones without prior permission is strictly prohibited. 

Officials said these measures are part of a coordinated effort to protect the public and preserve the festive yet respectful spirit of the celebrations.

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