StoryCommercial
Zelos acquires Cainiao's autonomous vehicle division from Alibaba; fleet expands to 20,000+
Zelos absorbed Alibaba's Cainiao autonomous vehicle division, with Alibaba taking a stake in the combined entity. The integration doubled Zelos's operating fleet overnight, bringing it above 20,000 vehicles across 300 cities.
- Cainiao's autonomous vehicle unit merged into Zelos
- Alibaba became a major shareholder
- Fleet more than doubled to 20,000+ vehicles
- Combined entity values integration of Alibaba's logistics network