毫末智行停摆、地平线HSD量产，第三方智驾格局生变？

Core Insights - The Guangzhou Auto Show 2023 showcased 1,085 vehicles, with 629 new energy vehicles, indicating a 58% representation, highlighting the completion of China's automotive industry's electrification [1] - Major automakers emphasized "AI cars" and intelligent driving technologies, with a consensus on advancing smart assisted driving [1] - Horizon's HSD (Horizon SuperDrive) has rapidly integrated into multiple production models, demonstrating a significant leap in China's smart driving capabilities [2][4] Group 1: Industry Trends - The trend of smart assisted driving technology is evolving both upwards towards higher levels of safety and adaptability, and downwards to more vehicle models [1] - Most automakers are opting for third-party solutions from companies like Horizon, DJI, and Huawei, rather than developing in-house technologies [2][8] - Horizon's HSD has been adopted by over 10 automakers and is expected to achieve a production target of 10 million units in the next 3-5 years [6][24] Group 2: Technological Advancements - Horizon's HSD is designed with a true end-to-end architecture, providing seamless control and enhanced user experience [12][20] - The system's low latency and high computational power enable it to handle complex driving scenarios effectively, improving safety and efficiency [17][26] - The collaboration between Horizon and automakers allows for customization without compromising their technological strategies [25] Group 3: Competitive Landscape - Horizon's HSD positions itself as a viable alternative for automakers to compete with Tesla's FSD, offering a unique value proposition in the market [8][22] - The automotive industry is shifting from price wars to technology-driven competition, with Horizon's HSD facilitating this transition [26][27] - The integration of Horizon's technology allows Chinese automakers to enhance their global competitiveness by focusing on differentiation rather than cost-cutting [27][29]