JD Logistics announced that it will invest RMB 1 billion yuan (US$156.45 million) in “Green Stream Initiative,” its green supply chain project, during the sixth Global Smart Supply Chain summit held on October 18.

The company expects its carbon efficiency to be increased by 35% within five years.

JD Logistics said it will halve its carbon emissions by 2030 as compared to 2019.

JD Logistics also called on a collaboration with up- and downstream partners to promote the application of more recyclable packages and new energy vehicles, and transform the supply chain operations and management with digital technology.

The company will also open its logistics material lab to the public to incubate innovative projects to drive the development of environmental protection materials.

Autonomous delivery vehicle

During the summit, JD Logistics also announced the 5.0 version of its Level-4 autonomous delivery vehicle.

JD said with a new design, the vehicle is equipped with an upgraded radar and a wider angle camera that can check the environment without blind area. The speed has been accelerated to 5m/s from 3m/s, and can be managed, monitored and fixed remotely.

In the next two to three years, JD Logistics will apply thousands of autonomous delivery vehicles.