华为发布乾崑智驾ADS 4，加速迈向L3

Group 1 - The automotive sector experienced a weekly increase of 4.87%, closing at 6,837.0 points, outperforming the CSI 300 index which rose by 0.38% to 3,787.0 points [1][2] - Sub-sectors such as automotive parts, commercial vehicles, passenger vehicles, automotive services, and motorcycles saw respective increases of +5.68%, +4.84%, +3.94%, +2.76%, and +2.62% [1][2] - In mid-April, passenger car sales showed a year-on-year increase, with an average daily retail of 55,000 units in the third week of April, up 17% year-on-year but down 3% month-on-month [2] Group 2 - Changan Automobile reported a revenue of 34.161 billion yuan for Q1 2025, a decrease of 7.73% year-on-year, while net profit attributable to shareholders increased by 16.81% to 1.353 billion yuan [3] - The company achieved a significant increase in non-recurring net profit, which rose by 601% year-on-year to 783 million yuan, largely due to government subsidies [3] - Changan's Q1 sales reached 700,000 units, with overseas sales hitting a record high of 159,800 units, up 46.5% year-on-year [3] Group 3 - Huawei launched the QianKun Intelligent Driving ADS4, which supports high-speed L3 commercial applications and features a new architecture that reduces latency by 50% and improves traffic efficiency by 20% [4][5] - The ADS4 is designed to lower R&D costs for automakers through a "hardware pre-embedded + OTA upgrade" model, with a basic version priced at only 10,000 yuan [5] - The report suggests a positive outlook for domestic automakers focusing on intelligent driving and smart cockpit technologies, recommending attention to companies like Xpeng Motors and Xiaomi Group [5]