The coaxial motor axle assembly with the cooling device comprises an axle shell, the outer surface of the axle shell is sleeved with an annular sealing cover, an oil pipe is inserted into the outer surface of the annular sealing cover, a micro pump is installed on the upper end face of the axle shell in a threaded mode, and the side, away from the micro pump, of the oil pipe is sleeved with an electromagnetic valve; the side, away from the electromagnetic valve, of the oil pipe is sleeved with a cooling assembly, an inner ring is rotationally installed on the inner wall of the outer ring, and sealing assemblies are bonded to the positions, located on the two sides of the inner ring, of the inner wall of the outer ring. The mode that cooling oil is injected through the annular sealing cover cannot cause resource waste, parts cannot be rusted, hot oil can be quickly cooled and can be recycled within a short time, the cooling effect is better, the inner ring of the hollow shaft can be avoided, the situation that the hollow shaft is abraded due to friction of the bearing unit can be avoided, and the service life of the hollow shaft is prolonged. The service life of the hollow shaft can be prolonged, gaps are not prone to occurring in the sealing assemblies on the bearing units, and the sealing effect is better.