行业研究丨点评报告丨软件与服务 [Table_Title] L3 级自动驾驶获批上路，我国智能网联汽车迈 向"量产应用"新阶段 报告要点 [Table_Summary] 12 月 15 日，根据有关规定，工业和信息化部于第 401 批公告附条件许可了两款 L3 级自动驾 驶（有条件自动驾驶）车型产品。此次首批 L3 级车型获得准入许可，意味着我国智能网联汽车 迈入量产应用新阶段。随着试点工作的逐步推进，智能网联汽车产品准入管理和法规标准体系 有望持续完善，进而加速自动驾驶技术的规模化、商业化应用，进而惠及全产业链。建议关注： 1）智能驾驶算法提供商；2）智能驾驶相关硬件提供商；3）Robotaxi 运营平台。 分析师及联系人 [Table_Author] 丨证券研究报告丨 宗建树 陈耀文 SAC：S0490520030004 SAC：S0490525070002 SFC：BUX668 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 软件与服务 cjzqdt11111 [Table_Title L3 级自动驾驶获批上路，我国智能网联汽车迈 2] 向"量产应用"新阶 ...

L3自动驾驶终于要来了！ 最近，国内汽车圈被一则重磅消息点燃了——工业和信息化部正式公布我国首批L3级有条件自动驾驶车型准入许可。 相信不少人刷新闻也看到了，北汽、长安一南一北俩车企率先拿到"入场券"，它们旗下特定的两款车型将在北京、重庆等指定城市区域开展上路试点。 紧接着这两天，问界、小鹏、理想、比亚迪等热门品牌纷纷跟进，自家L3测试车开上马路。 一时间，L3仿佛从遥不可及的技术概念，变成了触手可及的"明日科技"，不再是车企在封闭区域里瞎折腾，而是有望大规模上路了！ 不过兴奋归兴奋，估计不少人心里也在打鼓：L3到底是啥？开车真能全程脱手不碰方向盘？普通人能开上不？出了事算谁的？那么今天咱就好好捋一 捋，把L3自动驾驶的底细给扒清楚。 政策开闸，北汽长安先上路 而今年12月，就是L3自动驾驶的关键转折点，算是真正迈开了步子。先是传统车企成为第一批吃螃蟹的人，12月15日，长安深蓝与北汽极狐两款L3级有 条件自动驾驶车型上路试点获得批准。 官方公告显示，这两款测试车型对应为极狐阿尔法S（L3版）、长安深蓝SL03。 这次L3的真正到来，算是政策和技术一块儿发力的结果。2023年底的时候，《关于开展智能网联汽车准 ...

Core Viewpoint - The Ministry of Industry and Information Technology has officially announced the first batch of L3 conditional autonomous driving vehicle permits in China, with two models set to pilot in designated areas of Beijing and Chongqing, marking a significant step in the development of autonomous driving technology in the country [1]. Group 1: Pilot Locations - Beijing and Chongqing were chosen for the pilot due to their advantages in data accumulation and diverse traffic scenarios, allowing for effective testing of the systems in different environments [7]. - The pilot in Chongqing involves the Changan SC7000AARBEV model, which can operate in congested traffic and on highways, limited to specific routes with a maximum speed of 50 km/h [7]. - The pilot in Beijing features the Arcfox BJ7001A61NBEV model, capable of similar functions but with a maximum speed of 80 km/h on designated highways [7]. Group 2: Vehicle Approval Process - The Ministry, in collaboration with relevant departments, conducted comprehensive assessments of the pilot production companies' R&D, testing, and emergency response capabilities [11]. - Third-party testing organizations and experts were involved to evaluate the expected functional safety and cybersecurity risks of the pilot models [11]. - The L3 level allows the system to act as a "temporary driver" under specific conditions, requiring the driver to be ready to take control when requested by the system [11][12]. Group 3: Implications for the Industry - The introduction of L3 level autonomous driving signifies a shift from technical validation to mass application, indicating that intelligent features are now essential for automotive companies [17]. - The advancement of intelligent connected vehicles will inject strong momentum into technological innovation and upgrades in the automotive sector, providing valuable practical experience for standard formulation [19]. - The commercial application of L3 autonomous driving models is expected to strengthen the position of domestic new energy vehicles in the market and accelerate their global expansion, positioning them as leaders in the intelligent connected vehicle sector [19].

Core Viewpoint - The Ministry of Industry and Information Technology has officially announced the first batch of L3 conditional autonomous driving vehicle permits in China, with two models set to pilot in designated areas of Beijing and Chongqing, marking a significant step in the development of autonomous driving technology in the country [1]. Group 1: Pilot Locations - The L3 autonomous driving models are being piloted in Beijing and Chongqing due to their unique traffic conditions and data accumulation advantages. Chongqing's complex traffic terrain and Beijing's rich traffic scenarios provide a diverse testing environment for the systems [7]. - The pilot in Chongqing involves the Changan SC7000AARBEV model, which can operate in congested traffic and on single lanes of highways, limited to specific routes with a maximum speed of 50 km/h [7]. - The pilot in Beijing features the Arcfox BJ7001A61NBEV model, capable of similar functions but with a higher speed limit of 80 km/h on designated routes [7]. Group 2: Vehicle Approval Process - The Ministry, in collaboration with relevant departments, conducted comprehensive assessments of the research, testing, and emergency response capabilities of the pilot production companies [11]. - Third-party testing organizations and experts were involved in systematic testing of the expected functional safety and cybersecurity risks associated with the pilot models [11]. - The approval process emphasized the management capabilities of the pilot cities and their emergency response capabilities, leading to the selection of two joint ventures for the pilot program [11]. Group 3: Implications of L3 Level - L3 conditional autonomous driving allows the system to act as a "temporary driver" under specific conditions and scenarios, although drivers must remain responsible for the vehicle [11][12]. - The pilot program is limited to specific low-risk scenarios to ensure safety and orderly advancement of autonomous driving technology [15]. - As the pilot progresses and the industry gains a better understanding of safety risks, restrictions may gradually be relaxed, allowing for broader public access to autonomous driving features [15]. Group 4: Industry Opportunities - The pilot signifies a shift from technical validation to mass production application in China's autonomous driving sector, presenting new opportunities for the industry [17].

权威精选 周二早高峰的北京京台高速，阳光刚穿透薄雾，刘磊（化名）的手指已经在方向盘上搭了23分钟。他每天要往返50公里通勤，座驾是2023年购入的搭载L2 级辅助驾驶的轿车——这套能自动跟车、保持车道的系统，曾让他以为"轻松开车"触手可及。但此刻，仪表盘上"请保持注意力"的提示灯第三次亮起，他不 得不挺直腰板，紧盯前方缓行的车流。 上周晚高峰堵在机场北线，L2级辅助驾驶帮忙跟着车，但眼睛得一直盯着，他的手臂僵了一路。刘磊想起手机里刷到的工信部许可两款L3级自动驾驶车型 产品的新闻，屏幕上"特定场景解放双手"的描述让他忍不住多看了两眼。"要是能在拥堵的高速上真正松开方向盘，哪怕只是让我活动下胳膊，都是奢望成 真了。"他心里想。 刘磊的期盼，正是中国数千万L2级辅助驾驶车主的共同心声。按乘联分会近年乘用车销量数据估算，结合中国L2级辅助驾驶超50%的全球第一普及率，仅 近三年累计售出的7000余万辆乘用车中，就有超3500万辆搭载该功能。这意味着，每两辆行驶在道路上的新车里，就有一辆能提供基础辅助驾驶服务。但正 如刘磊的体验，L2级始终处于"辅助"范畴，驾驶员需承担全部责任，所谓的"解放"始终带着束缚。 12月1 ...

12月18日，"投资武汉共赢未来"2025年度武汉投资促进大会举行，现场共签约产业项目160个，签约金 额达1109.7亿元，涵盖人工智能、新一代信息技术、大健康和生物制造、数字经济、光电子信息、智能 网联汽车等领域。 免责声明：Mysteel发布的原创及转载内容，仅供客户参考，不作为决策建议。原创内容版权归Mysteel所有，转载需取得Mysteel书面授 权，且Mysteel保留对任何侵权行为和有悖原创内容原意的引用行为进行追究的权利。转载内容来源于网络，目的在于传递更多信息，方 便学习与交流，并不代表Mysteel赞同其观点及对其真实性、完整性负责。 资讯编辑：罗莹 021-26093550 资讯监督：乐卫扬 021-26093827 资讯投诉：陈跃进 021-26093100 ...

Core Viewpoint - The approval of L3-level conditional autonomous driving vehicles in China marks a significant milestone in the transition from L2-level assistance to true automation, fundamentally altering the responsibility chain in driving and opening new market opportunities for the automotive industry [4][10][19]. Group 1: Market Response and Impact - Following the announcement of L3-level vehicle approvals, the stock market reacted positively, with several companies in the intelligent driving sector experiencing significant stock price increases, indicating strong investor interest [6][19]. - The approval of L3 vehicles is expected to lead to a competitive landscape where companies that can leverage L3 technology will gain a strategic advantage in the automotive market [10][19]. Group 2: Technical Specifications and Regulations - The first two approved L3 vehicles, the Changan Deep Blue SL03 and the BAIC Arcfox Alpha S6, will operate in designated areas with maximum speeds of 50 km/h and 80 km/h respectively, highlighting the initial application of L3 technology in specific scenarios [8][10]. - The L3 technology represents a shift in responsibility from the driver to the system under certain conditions, which is a fundamental change from L2 systems where the driver retains full responsibility [7][10]. Group 3: Future Projections and Industry Trends - Industry experts predict that by 2026, the penetration rate of L3 and above autonomous vehicles could reach 10%, with L2-level vehicles expected to achieve a 70% market penetration [10][27]. - The development of L3 technology is anticipated to create a new market worth trillions, as the industry shifts from selling vehicles to selling mileage, particularly in specific applications like airport shuttles and logistics [26][27]. Group 4: Challenges and Considerations - Despite the advancements, the rollout of L3 vehicles will face challenges, including the need for high-precision infrastructure and regulatory frameworks to ensure safety and operational efficiency [31][32]. - The approval process for L3 vehicles has been gradual, involving extensive testing and regulatory compliance, which underscores the importance of a robust safety and operational framework for the future of autonomous driving [19][28].

2025年度武汉投资促进大会现场。 18日，"投资武汉 共赢未来"2025年度武汉投资促进大会在武汉会议中心开幕。 THOUS 一元物CEO、创新 Ta 本次大会共邀请世界500强企业代表、大型跨国公司代表、科技创新型企业代表，其他知名企业及商协会代表等约240人参加，畅叙合 作、共谋发展。现场共签约产业项目160个，签约金额1109.7亿元，涵盖人工智能、新一代信息技术、大健康和生物制造、数字经济、光电 子信息、智能网联汽车、新能源、新材料、高端装备制造等多个产业领域。 2025年度武汉投资促进大会台下嘉宾。 会上，零一万物CEO、创新工厂董事长李开复，蔚来创始人、董事长兼CEO李斌通过视频的形式为大会送上祝福。联影集团董事长薛 敏，绿城中国执行总裁赵晖，安波福电气分配系统事业部副总裁兼中国区董事长祁松，千寻智能（杭州）科技有限公司创始人兼首席执行 官韩峰涛，星巴克企业管理（中国）有限公司副总裁周海冰，北京瑞莱智慧科技有限公司首席执行官田天先后作交流发言。 此外，大会还举办了以人工智能、生物制造、数字经济及城市更新发展为主题的四场专题对接活动，为加快建设国家中心城市、全力 打造"五个中心"、全面建设现代化大 ...

在签约仪式上，广汽集团董事长冯兴亚表示，广汽领程与白云区达成战略合作，是企业在新能源商用车 领域转型发展的重要节点，也是广汽集团积极对接广州市发展战略、深化本土产业协同、共创长期价值 的重要实践。依托白云区完善的产业基础与综合优势，广汽领程将进一步加速创新业务成长，为白云区 智慧城市和绿色交通建设注入新动能，推动产业链创新要素集聚，共同打造新能源与智能网联汽车产业 高质量发展的区域示范。 白云区委副书记、区长潘志军表示，近年来，白云区主动"换道超车"，抢抓商用车产业变革机遇，聚焦 智能网联及新能源商用车赛道，在产业载体规划、龙头企业集聚和应用场景推广等方面已形成良好基 础。希望此次合作能够成为示范标杆，带动更多高端制造与绿色科技产业要素集聚白云。白云区也将以 更加优质、高效的服务，全力保障项目落地和企业发展，共同书写智慧物流与绿色交通发展的新篇章。 中经记者 陈靖斌 广州报道 【广汽领程完成3亿元融资 广州白云金控领投】12月17日，白云区人民政府与广汽集团旗下广汽领程新 能源商用车有限公司（以下简称"广汽领程"）签署战略合作框架协议；同时，广州白云金科控股集团有 限公司（以下简称"白云金控"）与广汽领程签署 ...

Core Insights - The approval of the first batch of L3-level conditional autonomous driving vehicle permits in China marks a significant milestone for the market, indicating a new phase for intelligent connected vehicles [2] - The rapid development of the autonomous driving industry is expected to positively impact the company's connected services and autonomous driving-related businesses [1][2] Group 1: Company Developments - The company has established itself as a leading player in the vehicle networking sector, leveraging technological innovations in areas such as dedicated vehicle networks, dual SIM connectivity solutions, and AI operations [1] - The company's connected vehicle business has shown rapid growth, with revenue contribution reaching 46% in the first half of the year [2] - The company’s subsidiary, Youka Technology, has achieved over 17 million connected vehicles, with more than 1.1 million connections overseas, indicating a strong international presence [2] Group 2: Industry Trends - The commercial rollout of L3-level autonomous driving is anticipated to significantly increase the demand for network stability, bandwidth, and low latency services [2] - The recent developments in the autonomous driving sector, including Tesla's Robotaxi testing in Texas, highlight the growing momentum in the industry [1] - The company is enhancing its global business strategy through the "Connection+" plan, collaborating with major global operators to create a unified global SIM solution [2]