从“地大华魔”掉队，卓驭科技在智驾平权浪潮下另觅出路

Core Insights - The competitive landscape in China's intelligent driving sector is undergoing significant changes, with a clear polarization among suppliers as cost competition intensifies [1][2] Group 1: Market Dynamics - Momenta and Huawei HI together hold over 80% market share in the urban NOA third-party supplier segment for passenger cars in China by October 2025, leaving only 19.2% for other suppliers, including Zhuoyue Technology [1] - The penetration rate of intelligent driving in China's passenger vehicles has exceeded 68%, with high-level driving solutions being pushed down to the 100,000 to 150,000 yuan market segment [2] Group 2: Zhuoyue Technology's Position - Zhuoyue Technology, originally benefiting from low-cost advantages, is now showing signs of lagging behind competitors, with its main deployment still relying on fuel vehicles from Volkswagen [1][3] - The company has announced over 50 mass-produced cooperative models, but market performance varies significantly, with some models failing to boost sales [3] Group 3: Competitive Pressures - The competition in the low-cost intelligent driving sector is intensifying, with new entrants like BYD and Horizon aiming to offer high-level driving solutions at lower price points [4] - Zhuoyue Technology's reliance on Volkswagen is seen as a potential weakness, as the company needs to diversify its partnerships to scale its intelligent driving solutions [3] Group 4: Future Strategies - Zhuoyue Technology is exploring new business avenues, including heavy-duty trucks and unmanned logistics vehicles, to seek new growth points [6] - The company plans to launch heavy-duty trucks equipped with its high-speed NOA by mid-2026, collaborating with firms like XCMG and Shaanxi Automobile [6]