A servo-driven Z-shape bending device includes a base, a Z-shape bending module disposed on the base, a servo-drive mechanism disposed on the base, and a terminal feeding mechanism disposed on the base. The Z-shape bending module is configured to perform a bending operation on a terminal to be bent to form a Z-shaped terminal. The servo-drive mechanism is configured to servo-drive the Z-shape bending module to perform the bending operation. The terminal feeding mechanism is configured to feed the terminal to be bent to the Z-shape bending module.