汽车：11月智能驾驶月报

Investment Rating - The report does not explicitly state an investment rating for the autonomous driving industry or specific companies within it Core Insights - As of November 2024, the total users for Li Auto, Huawei, and NIO reached 105,000, 33,000, and 63,000 respectively, with monthly increases of 5,000, 3,000, and 2,000 users [2] - The cumulative autonomous driving mileage for Li Auto is 2.8 billion kilometers, leading among new force brands [2] - Li Auto's advanced driving features have positively impacted the sales of its high-end models, with the 2024 AD MAX model showing a significant increase in sales proportion compared to the 2023 model [7] Summary by Sections User and Mileage Data - As of November 2024, Li Auto's total autonomous driving mileage reached 2.76 billion kilometers, with 1.1 billion kilometers added in November, accounting for 73% of the total mileage [7] - Huawei's autonomous driving mileage reached 1.6 billion kilometers in November, while NIO's total mileage was 1.74 billion kilometers [10][13] Advanced Driving Features - Li Auto's end-to-end + VLM dual system architecture was fully pushed on October 23, 2024, enhancing the sales of high-end models [7] - NIO's total autonomous driving mileage includes 1.48 billion kilometers of navigation-assisted driving, with a user base of 630,000 as of November 2024 [13] Market Penetration - The penetration rate for One Box reached 39.4% in October 2024, with a cumulative penetration rate of 35.0% from January to October [19] - The penetration rate for intelligent driving domain controllers was 14.0% in October 2024, with a market share of 32.1% for leading domestic companies [23] Key Models - The Hongmeng Zhixing R7 extended version is set to launch on December 19, 2024, featuring a 1.5T engine and a CLTC range of 1570 km [31] - The Great Wall Motors' new Blue Mountain intelligent driving version was announced with nationwide NOA capabilities and a price range of 299,800 to 326,800 yuan [34] - The Xiaopeng P7+ was launched on November 7, 2024, with record pre-orders of 31,500 units and advanced AI vision capabilities [35]