GEELY AUTO(HK:00175) Hua Xia Shi Bao·2025-12-16 05:12Core Viewpoint - The automotive industry is undergoing a transformation as the focus shifts from parameters like range and intelligence to safety, driven by tightening global safety regulations and the complexities introduced by smart technologies [2][3] Group 1: Industry Transformation - Global safety regulations are tightening rapidly, with new standards like the EU's general safety regulations and China's upcoming "zero tolerance" battery standards [2] - The traditional concept of "collision safety" is evolving into a more comprehensive notion of "full-domain safety," addressing data security, algorithm ethics, and expected functionality [2][3] Group 2: Geely's Global Full-Domain Safety Center - Geely has launched a Global Full-Domain Safety Center with an investment exceeding 2 billion yuan, covering approximately 45,000 square meters, and setting five Guinness World Records, including the largest automotive safety testing laboratory [2][3] - The center will be open to the entire industry, sharing key safety patents for free, indicating a shift from competitive advantage to a public asset for industry advancement [2][6] Group 3: Addressing Safety Challenges - The center serves as a systematic verification platform to tackle current and future global automotive safety challenges, addressing multi-dimensional risks associated with electric vehicles and smart technologies [3][4] - It features the world's largest collision testing area and an indoor simulation lab capable of replicating 264 scenarios, enhancing the ability to test under extreme conditions [3] Group 4: Compliance and Cost Efficiency - The center provides essential infrastructure to help automotive companies navigate compliance challenges in global markets, covering 27 categories of tests aligned with major safety regulations [4] - This capability significantly reduces the costs and time associated with compliance, supporting the globalization strategy of Geely and the broader Chinese automotive industry [4] Group 5: Evolution of Safety Concepts - Geely's "Full-Domain Safety 2.0" framework categorizes safety into life safety, health safety, property safety, and privacy safety, introducing the concept of "public safety" [5] - The center includes specialized labs for digital safety and health analysis, reflecting the industry's shift towards a broader understanding of safety [5] Group 6: Strategic Shift in Competition - Geely's decision to open the safety center represents a significant shift in competitive logic from zero-sum games to ecosystem co-construction, positioning itself as an organizer of industry standards [6][7] - By collaborating with various institutions to publish a white paper on smart vehicle safety, Geely aims to create a unified framework for safety technology development [7] Group 7: Long-term Vision and Industry Impact - The initiative addresses internal safety concerns among consumers and aims to elevate the overall safety standards of the industry, fostering a positive cycle of competition [8] - Externally, it positions Chinese automakers as leaders in global automotive safety technology, moving beyond mere compliance to actively shaping safety standards [8][9]