首批L3车型上路，一场关于责任、风险与创新的变化或逐步展开。12月15日，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，两款 分别适配城市拥堵、高速路段的车型将在北京、重庆指定区域开展上路试点，标志着我国L3级自动驾驶从测试阶段迈入商业化应用的关键一步。业内一致 认为，此次获批将带动新出行、新保险等衍生业态发展。 其实，政策层面早已释放出行业可以提前布局的信号。今年1月，国家金融监督管理总局、工业和信息化部等四部门发布的《关于深化改革加强监管 促进新 能源车险高质量发展的指导意见》明确提出，要统筹保险行业力量，全面系统研究智能驾驶、车型快速迭代等对车险经营的中长期影响，及早谋划转型发 展。 "保险业要适应智能化趋势下风险的变化，在模型的优化完善、保险产品创新服务方面，让保障更全面、更公平，也让汽车的价值更安全。"在2025金融街论 坛年会"中欧保险创新论坛"上，中国银行保险信息技术管理有限公司副总裁王罡表示。 保障缺口明显，市场空白待填补 当自动驾驶技术从炫酷的"可用"概念迈向日常的"常用"工具之际，传统保险体系正直面一场新的挑战。 这场由代码和算法驱动的出行革命，在引发无限遐想的同时，也将 ...

Core Viewpoint - The Ministry of Industry and Information Technology (MIIT) of China has officially granted the first batch of L3 conditional autonomous driving vehicle permits to Changan Automobile's Deep Blue SL03 and BAIC's Arcfox Alpha S, marking a significant step in the commercialization of autonomous driving technology in China [1][2]. Group 1: Vehicle Permits and Specifications - The Deep Blue SL03 is equipped with Changan's self-developed "Tianshu Intelligent" driving assistance system, while the Arcfox Alpha S features Huawei's ADS intelligent driving system [1]. - The SL03 is permitted to operate in congested urban environments and on highways in Chongqing, with a maximum speed of 50 km/h [5]. - The Arcfox Alpha S can operate on highways and urban expressways in Beijing, with a maximum speed of 80 km/h [6]. Group 2: Industry Impact and Market Response - Following the announcement, shares of intelligent driving concept stocks surged, with companies like Wanji Technology and Jiuzhiyang hitting the daily limit [2]. - The approval of these vehicles reflects the government's support for the rapid transition from technology validation to mass production and commercialization of autonomous vehicles [2][9]. Group 3: Regulatory Framework and Future Prospects - The MIIT's issuance of permits is part of a broader initiative to establish a dual-track mechanism for product approval and road testing, ensuring safety while fostering innovation [9][10]. - The government aims to expand L3 autonomous driving trials in the coming year, with a focus on clarifying traffic safety responsibilities and enhancing regulatory frameworks [10].

格隆汇12月16日｜联想集团表示，联想与英飞凌技术公司正在加紧合作，加速自动驾驶的下一阶段。联 想旗舰域控制器AD1和AH1集成了英飞凌的AURIX™微控制器技术，提供对先进驾驶辅助系统 （ADAS）的强大支持，实现了卓越的能源效率以及跨车载网络的高速数据通信。 ...

记者丨赵云帆 编辑丨张星 近日，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： 长安汽车旗下深蓝SL03、北汽旗下极狐阿尔法S两款车型 ， 据 了解， 深蓝SL03搭载的是长安自研的"天枢智能"辅助驾驶系统，阿尔法S搭载的则是华为ADS智能驾驶系统 。 两款L3级自动驾驶车型产品 将分别对应重庆地区的城市拥堵路况，以及北京地区的高速路段，展开L3自动驾驶试点。 工信部表示，两家汽车企业已按要求完成并通过了产品测试与安全评估。下一步，两款车型将分别由两家使用主体，在上述区域内开展上路 通行试点。 这也是继去年工信部发布首批九个智能网联汽车准入和上路通行试点联合体试点名单之后，首次正式确立两家"先发选手"。 此外，12月16日，小鹏汽车方面表示，其已在广州市获得L3级自动驾驶道路测试牌照，并启动常态化的L3道路测试。该牌照主要用于在广州 市智能网联汽车测试高快速路上进行有条件自动驾驶的测试。同日，有消息称，鸿蒙智行近期已联合深圳市交通局等相关部门，在深圳开启 L3级有条件自动驾驶内测。 近年来，自动驾驶技术在产业经济高质量发展、商业伦理、交通安全等社会议题的持续讨论与推动下，实现了渐进式发展。业 ...

数字人民币是央行发行的数字形式法定货币，从零售场景向对公、跨境领域全覆盖，逐步成为数字经济基础设施。 数字人民币定位于现金类支付凭证（ M0 ）、采取 " 中心化管理 + 双层运营 " 模式。经历研究并确立顶层设计，完成"点状突破"到"网络覆盖"的数字人民币体系。目前已在 17 省试点，启用数字人 民币国际运营中心，推出跨境数字支付、区块链服务、数字资产三大平台，可解决跨境支付痛点、服务数字金融创新；北京运营管理中心落地，负责建设央行 端数币系统、协调共建数币生态并推进业务，服务货币支付创新，还将带来场景、功能、生态层面的产业带动效应。数字人民币 APP 不断完善，多边央行数 字货币桥合作加深，数字人民币生态系统逐步形成。 政策推动 + 生态适配，数字人民币有望加速发展。 1 ） 发展数字人民币有利于人民币的国际化。 国际支付与贸易往来中，人民币结算比例低，发展数字人 民币，能够解决传统跨境支付效率慢，成本高、安全性受限等问题，进而推动人民币的国际化。 2 ） 完善的数字支付生态加速数字人民币的场景落地。 我国 数字支付生态成熟，数字支付普及化程度高，且数字人民币零手续费可减少第三方支付运营成本、提升收益，因 ...

摩根士丹利预计，特斯拉(TSLA.US)将在2026年显著扩大其Robotaxi(自动驾驶出租车)车队规模。大摩 分析师安德鲁.佩尔科科及其团队预计，到2026年上路运营的特斯拉Robotaxi车队规模将增至1000辆，远 高于目前的约50至150辆。该行还预测，到2035年底，特斯拉将在多个城市拥有100万辆上路的 Robotaxi。 尽管特斯拉在奥斯汀和旧金山推广Robotaxi业务时总体上采取谨慎态度，但该公司近期在移除安全监督 员方面已取得进展。特斯拉首席执行官马斯克于上周日证实，该公司已在得克萨斯州奥斯汀启动无人驾 驶Robotaxi路测，测试车辆内未配备任何乘员。 尽管欧洲各大市场的电动车渗透率持续提高，特斯拉却未能同步受益。在法国，电动车市场份额11月大 涨9个百分点至26%，但特斯拉却逆势下跌。在西班牙，特斯拉11月注册量下降8.7%。作为欧洲最大汽 车市场的德国，纯电动车注册量在今年前10个月激增39%，但特斯拉同期销量却暴跌50%，远逊竞争对 手。 不过，在整个欧洲下行趋势中，挪威成为罕见的例外。特斯拉11月在挪威的注册量暴增175%，部分原 因是当地关于未来电动车税收优惠政策的不确定性， ...

Core Viewpoint - The Ministry of Industry and Information Technology of China has officially granted the first batch of L3 conditional autonomous driving vehicle permits, marking a significant transition from closed testing to commercial application in the autonomous driving sector [2][15]. Group 1: Approval and Implementation - Changan Automobile and BAIC Jihe have received approval to conduct road trials in designated areas of Chongqing and Beijing [2][15]. - Changan's vehicle can achieve autonomous driving in congested traffic conditions on highways and urban expressways at speeds up to 50 km/h, limited to specific routes in Chongqing [15][21]. - This approval positions Chongqing among the leading cities in China for autonomous driving applications, contributing to the development of standards, technology iteration, and industrial application [15][19]. Group 2: Market Growth and Industry Dynamics - The autonomous driving market in China is rapidly expanding, with projections estimating it will approach 450 billion yuan by 2025, driven by technological advancements and cost reductions [5][16]. - Numerous domestic automakers are accelerating their investments in the autonomous driving sector, with Changan leveraging its "Tianshu Intelligent" self-developed technology system for L3-level autonomous driving [5][16]. - The competitive landscape among automakers is fostering technological advancements, with hardware costs decreasing and software algorithms maturing, leading to more affordable smart configurations in vehicles [18][21]. Group 3: Infrastructure and Ecosystem Development - The transition of L3 autonomous driving from closed environments to open roads tests not only the technical capabilities of automakers but also the comprehensive capabilities of cities in terms of smart network ecosystems, regulatory innovation, and infrastructure [19][22]. - Chongqing has established 17 trial routes for intelligent connected vehicles, facilitating the testing of L3 and L4 autonomous driving capabilities [22]. - The successful implementation of autonomous vehicles will necessitate the development of new infrastructure, including roadside perception devices and traffic information systems, thereby stimulating related industries [18][22].

Core Insights - The Ministry of Industry and Information Technology has officially announced the first batch of L3 conditional autonomous driving vehicle permits in China, marking a significant step from testing to commercial application for L3 autonomous driving [2] Group 1: Vehicle Details - Two models have been approved: a Changan brand electric sedan and a Jihe brand electric sedan, both capable of autonomous driving in congested traffic and on highways, but limited to specific routes in Beijing and Chongqing [3] Group 2: Technology Differentiation - The core difference between L2 assisted driving and L3 conditional autonomous driving lies in the role and responsibility division between the system and the driver, with L3 offering a leap from "assisted driving" to "system-led" experience [4] Group 3: Safety and Regulation - China emphasizes safety as a prerequisite for innovative applications, establishing a systematic approach that covers key technology research, testing evaluation, policy regulations, and scenario validation [5] - The Ministry of Industry and Information Technology plans to collaborate with relevant departments and local authorities to enhance vehicle operation monitoring and safety assurance, continuously improving the management and regulatory framework for intelligent connected vehicles [6]

Group 1: Company Announcements - Haiyou New Materials plans to establish a wholly-owned subsidiary and invest 300 million yuan in a polymer special adhesive film production project in Chengdu, which aims to optimize resource allocation and production capacity layout [4] - Dekeli's board member plans to reduce holdings by no more than 100,000 shares, representing a reduction of 0.0632% of the company's total shares [5] - Saiwei Microelectronics announced that its actual controller and associated parties plan to reduce their holdings by no more than 1% of the company's total shares [3] Group 2: Technology Developments - Zhongke Shuguang has launched the world's first single-cabinet 640-card super node scaleX640, which can be combined to form a thousand-card computing unit, achieving a 20-fold increase in computing density compared to traditional solutions [5] - Haiguang Information's Haiguang DCU has over 99% operator coverage, compatible with CUDA, and supports a wide range of model training and inference scenarios [5] Group 3: Market Reactions - The Hang Seng Technology Index experienced a significant drop, with major companies like Alibaba, Tencent, JD.com, and Meituan seeing increased declines due to rumors regarding stricter tax recognition for high-tech companies [2] - Xpeng Motors has obtained an L3 autonomous driving road test license in Guangzhou, marking a step towards regular L3 road testing [2] Group 4: Financing Activities - Jiangfan Guizhi completed nearly 100 million yuan in Pre-A round financing to advance the production line construction and technology iteration of silicon-carbon anode materials [6] - Benait completed several million yuan in A++ round financing, focusing on the development and production of silicon-based liquid crystal optical devices [7] - Aosaire Biopharmaceutical completed several million yuan in Pre-A round financing to support the development of new imaging contrast agents and integrated therapeutic drugs [9]

长安汽车在调研中表示，预计2026年一季度与使用主体长安车联科技进行L3级自动驾驶上路通行试点 应用；在国家相关法规及政策正式发布实施后，长安汽车将开始面向C端用户的产品准入和市场投放。 ...