Templewater invests in Neolix's Series D funding round, marking a pivotal moment in the growth of autonomous logistics in China.

Target Information

Neolix, headquartered in Beijing, is the world's leading provider of Level 4 (L4) autonomous intra-city logistics solutions, commonly referred to as RoboVans. Established by Mr. Enyuan Yu in 2018, the company has quickly risen to prominence, delivering over 10,000 L4 RoboVans—more than any competitor globally. In a remarkable achievement, Neolix reached a milestone of 2,000 vehicle deliveries in a single month. Currently, their vehicles operate in over 300 cities across China, with Qingdao having the highest concentration of over 1,200 units. The company’s flagship models, the X3 and X6, have each exceeded 4,000 deliveries, reflecting robust market demand.

Neolix has pioneered significant technological advancements, including its innovative AI model, "Neolix-VA," which facilitates smooth navigation through complex traffic environments. Additionally, the company's map-free driving system enables flexible urban logistics, while a smart dispatch platform optimizes vehicle and order coordination. To date, Neolix's fleet has accomplished over 50 million kilometers of autonomous driving services, positioning the company as a frontrunner in the market.

Industry Overview in China

The autonomous driving industry in China has experienced remarkable growth, with increased investment in technology and infrastructure. As of October 2025, the sector is witnessing significant advancements driven by both government