Recently, Cainiao and Inovance reached a cooperation agreement, and the two parties will work together to carry out deep cooperation in the smart logistics field of the new energy vehicle industry chain.

Inovance is a leading supplier of electric powertrain system solutions in the industry, with main products including powertrain systems, motor controllers, motors, and gearboxes.

Since 2008, it has been engaged in the business of new energy power and power products, which are widely used in the fields of new energy passenger vehicles, new energy commercial buses, and new energy commercial logistics vehicles.

The company has maintained long-term cooperation with mainstream domestic and foreign car manufacturers such as XPENG, GWM, Li Auto, Xiaomi, Volvo, Audi, Lotus, Jaguar Land Rover, and Volkswagen.

It is reported that the bidding this time was exceptionally fierce, attracting not only top international technology service providers but also leading domestic service providers. Cainiao Logistics Technology stood out in the fierce competition among domestic and international service providers with its professional expertise in the digital field and deep understanding of logistics supply chains.

New energy vehicles are an important direction for the global automotive industry, with technology and innovation driving their development. As part of the collaboration, both parties will first focus on the digital transformation of Inovance's factory storage system in Changzhou.

“This is Inovance's first smart logistics system project, and we hope that both teams can make it an efficient and digitized benchmark system”. said Li Degang, the Joint Power Director of Inovance.

Ding Hongwei, Vice President of Cainiao Technology and General Manager of the Logistics Technology Division, said that Cainiao is an industrial Internet company with a deep understanding of the digital upgrade of the real economy. Meanwhile, it has also accumulated many successful experiences in cooperation projects with traditional manufacturing partners. Cainiao hopes to use these experiences and understanding to help physical manufacturing obtain higher quality digital capabilities.