计算机：中泰科技：车路云建设有望加速，四部委启动通行试点

Investment Rating - The report maintains an "Accumulate" rating for the smart connected vehicle industry [1]. Core Insights - The smart connected vehicle market is accelerating with the initiation of pilot programs for access and road testing, entering the evaluation phase [6][8]. - Multiple national standards are set to be released between 2024 and 2026, promoting the integration of vehicle, road, and cloud technologies [10]. - The market for smart connected vehicles is expected to grow significantly, with an estimated shipment volume reaching 24.9 million units by 2025 and a market size of approximately 1.312 trillion yuan by 2024 [17][19]. Summary by Sections Pilot Progress - The pilot program for smart connected vehicles is divided into five stages: application, product access testing, road testing, suspension and exit, and evaluation adjustment. As of June 2024, nine joint entities have been selected for the pilot program [6][8]. - The evaluation phase is set to begin soon, with cities like Chongqing, Guangzhou, Shenzhen, Shanghai, and Beijing participating [6][8]. Standardization - A series of mandatory and recommended national standards will be released from 2024 to 2026, supporting the rapid development of smart connected vehicles [10]. - Key standards include those related to vehicle accident emergency call systems and vehicle positioning technology, with plans for release in 2025 and 2026 [10]. Market Outlook - The smart connected vehicle market is projected to grow at a CAGR of 16.1% from 2021 to 2025, with the shipment volume expected to rise from 13.7 million units in 2021 to 24.9 million units in 2025 [15][17]. - The industry is characterized by diverse competition, with major players including traditional automakers, new entrants, tech giants, and startups, all contributing to high-quality development [19]. Integration of Vehicle, Road, and Cloud - The integration of vehicle, road, and cloud technologies is advancing, with significant projects being implemented by companies like Mushroom Car Link, which has established numerous partnerships and projects across various cities [21][23]. - Mushroom Car Link is leading the development of full-stack technology for autonomous driving, with over 900 patents and a focus on commercializing its technology across multiple scenarios [27][30]. Investment Recommendations - The report suggests focusing on companies involved in smart driving domain control and algorithms, domestic smart driving chips, and domestic computing chips, highlighting firms such as Desay SV, Black Sesame Technology, and Cambrian [31].