Core Insights - Xiaoma Zhixing has launched its seventh-generation Robotaxi, marking a significant step towards the commercialization of autonomous driving technology and aiming for a fleet of 1,000 vehicles by the end of 2025 [1][2] Company Developments - The seventh-generation Robotaxi has been developed using 100% automotive-grade components and features the world's first L4 Robotaxi-grade domain controller, which has tripled computing efficiency compared to the previous generation while reducing size, weight, power consumption, and cost by 50% to 80% [1] - The total cost of the seventh-generation autonomous driving suite has decreased by 70% compared to the previous generation, facilitating the path to large-scale production and operational viability [2] Industry Trends - Leading companies in the autonomous driving sector, including Xiaoma Zhixing and Youjia Innovation, are accelerating their commercialization efforts for L4-level autonomous driving, driven by advancements in technology and the scaling of the supply chain [3] - New Stone Technology has raised over $600 million in its D-round financing, marking the largest private equity financing in China's autonomous driving sector to date, and has delivered over 10,000 L4 autonomous vehicles, becoming the first company globally to achieve this milestone [3][4] - The industry is transitioning from the initial phase of development to a rapid growth phase, with expectations of achieving profitability and scaling operations significantly in the near future [4][5]