计算机行业深度报告：多重因素催化下，车路云一体化迎来发展机遇

Investment Rating - The report maintains a "Recommended" rating for the computer industry, highlighting the potential for investment in companies with strong technological reserves and industry experience [5]. Core Insights - The report emphasizes the divergence and consensus in mainstream autonomous driving technology routes, particularly the advantages of vehicle-road-cloud integration over traditional single-vehicle intelligence [3][21]. - It notes that the development of roadside infrastructure (RSU) is expected to expand from point to area, with a potential market size of approximately 72.3 billion yuan for RSU in China [5][43]. - The commercial viability of Robotaxi services is anticipated to accelerate, with Baidu's "Luobo Kuaipao" leading the domestic market, achieving over 6 million cumulative orders by Q1 2024, a 25% year-on-year increase [5][42]. Summary by Sections Policy Aspects - The report outlines the favorable policies driving the development of autonomous driving in China, including the establishment of pilot cities for vehicle-road-cloud integration and the issuance of L3 autonomous driving testing licenses [12][19]. - It highlights significant investments in vehicle-road-cloud integration projects across various cities, indicating a growing commitment to infrastructure development [16][17]. Technical Aspects - The report discusses three main technical paths for autonomous driving: Google's sensor-based approach, Tesla's vision-based system, and the vehicle-road-cloud collaborative model, with the latter being positioned as a more advantageous route [21][30]. - It emphasizes the limitations of single-vehicle intelligence, particularly in terms of safety and cost, and advocates for the vehicle-road-cloud integration as a solution to these challenges [32][33]. Cost Aspects - The report identifies high costs and safety concerns as major bottlenecks for single-vehicle intelligence, suggesting that vehicle-road-cloud integration can mitigate these issues and facilitate rapid development in China [33][34]. Commercialization - The report predicts that by 2025, the cost of autonomous driving services will become competitive with traditional human-driven services, marking a critical turning point for commercialization [37][40]. - It highlights Baidu's advancements in autonomous driving technology and its potential to achieve profitability by 2025, driven by increasing demand for Robotaxi services [5][42]. Infrastructure Development - The report notes that the deployment of roadside devices (RSU) is at a critical stage, with over 8,700 units installed across various regions, and anticipates further expansion of this infrastructure [5][43].