Core Viewpoint - The Ministry of Industry and Information Technology has released a draft for public consultation on mandatory national standards for intelligent connected vehicles' combined driving assistance systems, aiming to enhance safety and standardization in the industry [1][2]. Group 1: Industry Challenges and Developments - The combined driving assistance technology has faced a trust crisis due to a widely publicized traffic accident, marking the industry's biggest challenge since its inception [1]. - The penetration rate of combined driving assistance technology in China's new energy vehicles has exceeded 50% and continues to grow [2]. - There are significant discrepancies in the technical solutions, functions, and performance of products from different companies, complicating the evaluation of system safety [2]. Group 2: Draft Standard Characteristics - The draft standard applies to M and N category vehicles equipped with various types of combined driving assistance systems, ensuring uniform safety benchmarks across different vehicle types [3]. - The draft emphasizes the need for driver monitoring capabilities and outlines safety assurance requirements throughout the product development and usage processes [3][5]. - It aims to elevate the priority of safety and quality in product development, encouraging companies to focus on system reliability rather than rapid iteration [3][5]. Group 3: Development and Testing Regulations - The draft establishes a comprehensive testing framework that includes various testing scenarios to ensure safety and functionality [6]. - It mandates that companies maintain consistency in core components and software versions to avoid discrepancies in functionality during mass production [6]. - The draft requires the implementation of a data recording system to track vehicle status and driver actions, aiding in post-incident analysis [6]. Group 4: Consumer Impact and Behavior Changes - The draft clarifies that combined driving assistance systems are not autonomous driving systems, emphasizing the need for continuous driver engagement [9]. - It introduces measures to ensure that drivers are well-informed about the system's capabilities and limitations, promoting safe usage practices [9][10]. - The draft encourages the development of proper driving habits among consumers, such as maintaining hands on the wheel and eyes on the road, to enhance safety [10].

Core Viewpoint - The article emphasizes the importance of active safety technology in smart electric vehicles, highlighting Xiaopeng's advancements in this area to regain a competitive edge in the market [2][3][14]. Group 1: Active Safety Technology Developments - Xiaopeng has demonstrated its AEB (Automatic Emergency Braking) capabilities at speeds of up to 130 km/h in various challenging conditions, including night and wet roads [2][4]. - The company has redefined its active safety architecture and software, with daily updates to enhance performance and address market competition [2][3]. - Xiaopeng's AEB system is designed to operate effectively in a full speed range of 0-150 km/h, with a focus on real-world scenarios [4][5]. Group 2: Technical Innovations - Xiaopeng employs a "two-stage braking" strategy to enhance user comfort during emergency braking, initially applying a moderate deceleration before engaging full braking if necessary [5][6]. - The introduction of the AES (Automatic Emergency Steering) system allows vehicles to navigate around obstacles on slippery surfaces, utilizing a unique "single-side braking" technique [8][9]. - The company aims to tackle complex driving conditions, such as icy roads, to ensure stability and effective obstacle avoidance [9][10]. Group 3: Strategic Focus and Team Dynamics - Xiaopeng has established dedicated teams and "war rooms" to enhance collaboration and expedite the development of active safety features [15][16]. - The company has shifted its focus to prioritize active safety, responding to consumer demand for improved vehicle safety [14][18]. - The development process has been streamlined to ensure rapid iteration and effective communication among team members [16][17]. Group 4: Market Position and Future Goals - Xiaopeng's advancements in active safety are part of a broader strategy to maintain its leadership in the smart driving sector amid increasing competition [14][18]. - The ultimate goal of the active safety technology is to achieve "zero collisions" by expanding the coverage of AEB and AES systems [22][23]. - Future efforts will focus on enhancing scene coverage based on real-world collision data to prioritize high-frequency and high-severity scenarios [23][24].

Market Overview - In July 2025, China's new energy vehicle (NEV) sales reached 1.262 million units, a month-on-month decrease of 5.0% but a year-on-year increase of 27.3%, with a penetration rate of 48.7% [1] - Sales of new energy passenger vehicles were 1.195 million units, up 25.4% year-on-year, while new energy commercial vehicle sales reached 67,000 units, marking a significant year-on-year increase of 74.9% [1] Consumer Policies and Market Dynamics - The market growth is supported by trade-in programs and local consumption promotion policies, with some automakers offering "one-price" discounts and additional benefits to stimulate sales [1] - The competition among automakers is shifting focus towards product strength and global expansion, alleviating price fluctuation pressures [1] Segment Performance - In July 2025, the market share of new energy sedans was 43.7%, down 0.3 percentage points year-on-year, while the share of new energy SUVs was 46.3%, down 2.0 percentage points [3] - All segments in the market experienced growth, with commercial vehicles showing higher growth rates compared to passenger vehicles, and MPV models in the passenger vehicle market saw significant increases [3] Advanced Driver Assistance Systems (ADAS) - The installation rate of L2 and above driver assistance features in new energy passenger vehicles reached 82.6% in the first half of 2025, with a notable increase in the market under 160,000 [5] - The overall installation rate of Automatic Emergency Braking (AEB) in passenger vehicles reached 64.4%, with new energy passenger vehicles achieving a rate of 67.1% [8] - The installation rate of Full-Speed Adaptive Cruise Control (ACC) in the overall passenger vehicle market was 59.4%, while it reached 69.9% in the new energy passenger vehicle market [10] Sensor Technology and Functionality - Advances in sensor technology, including the integration of cameras, millimeter-wave radar, and LiDAR, have enhanced the accuracy and comprehensiveness of Advanced Lane Change (ALC) functions, improving environmental perception even in challenging weather and lighting conditions [12] - The application of multi-modal large models in vehicles has improved the capabilities of Automated Parking Assistance (APA), with the overall installation rate in passenger vehicles at 34.4%, and higher rates in the market above 240,000 [14]

Core Viewpoint - The report highlights the increasing adoption of Automatic Emergency Braking (AEB) systems in passenger vehicles, with a projected overall installation rate of 60.1% from January to April 2025, and the upcoming transition of AEB standards from recommended to mandatory by 2028 [1][2]. Group 1: AEB System Insights - AEB significantly enhances driving safety and consists of a closed-loop system involving perception, decision-making, and execution [2]. - The installation rate of AEB varies by price segment, with vehicles priced above 400,000 showing nearly universal AEB installation, while those below 80,000 have only a 2.7% installation rate [1][2]. - The new national standard for AEB is set to be implemented on January 1, 2028, following a public consultation period ending on June 30, 2025 [1][2]. Group 2: Industry Trends and Innovations - The report emphasizes the importance of advancements in intelligent driving technology and the impact of enhanced vehicle computing power on user experience, particularly in the third quarter [3]. - Key players in the automotive sector, such as XPeng Motors and Li Auto, are launching new models that are expected to drive market interest and sales [4]. - The report suggests that companies involved in high-end market segments and those focusing on intelligent driving technology are likely to benefit significantly [3][6]. Group 3: Market Performance and Sales Data - In July, the retail sales of passenger vehicles reached 1.834 million units, with new energy vehicles achieving a penetration rate of 54.7% [5]. - The report notes that several new models have seen strong pre-sale performance, indicating robust consumer interest in the market [4].

Group 1: Macro Economic Insights - The report emphasizes the effective release of macroeconomic policies, highlighting the focus on economic growth and the importance of maintaining policy continuity and flexibility [4][5] - Recent policies have targeted infrastructure and industrial development, including the implementation of a child-rearing subsidy of 3,600 yuan per child per year, with an initial budget of approximately 90 billion yuan [4][5] - The report notes that the People's Bank of China continues to implement a moderately loose monetary policy, with potential for further reductions in reserve requirements and interest rates [5][6] Group 2: Industry Performance - The report identifies the top-performing industries, with the comprehensive sector leading at a 1.557% increase, followed by construction materials at 1.158% and construction decoration at 1.145% [2][3] - Conversely, the report highlights the underperforming sectors, with the computer industry declining by 2.377%, electronics by 1.154%, and media by 0.962% [2][3] Group 3: REITs Market Insights - The report indicates that the REITs market is experiencing significant growth, with the China REITs index showing a year-on-year increase of 6.66% and a trading volume of 8.06 billion shares, up 59.92% year-on-year [40][42] - The approval of the China Aviation Energy photovoltaic REIT expansion is noted, along with the strong performance of warehouse logistics REITs, suggesting a favorable investment environment for REITs [40][41] Group 4: Technology and AI Sector - The report discusses the robust demand for optical lenses and camera modules driven by technological advancements, particularly in smart home and automotive applications, predicting a market supply of 6.331 billion optical lenses by 2027 [35][36] - It highlights the trend of domestic companies like Sunny Optical and Hongjing Optoelectronics gaining market share in the global panoramic camera lens module market, with a share exceeding 25% [36] Group 5: Investment Strategy - The report suggests a dual-driven investment strategy focusing on technology and PPI recovery, indicating that the TMT sector is expected to perform well due to strong fundamentals and market dynamics [15][17] - It recommends a diversified industry allocation strategy, including technology growth, military industry, and cyclical sectors benefiting from PPI improvements [19]

以下文章来源于36氪汽车 ，作者李安琪、徐蔡钰 36氪汽车 . 看懂汽车产业新百年。36氪旗下智能电动车产业报道公号。 聒噪的技术名词，看不见的风险提示。 文 ｜ 李安琪、徐蔡钰 编辑 ｜ 李勤 来源｜ 36氪汽车（ID：EV36Kr） 封面来源 ｜ IC photo 3月29日，安徽铜陵市发生了一起严重的交通事故。一辆小米SU7撞上水泥护栏后，发生起火，车内三名乘员不幸身亡，事故车被烧至白车身裸露。 4月1日，小米官方确认了此次事故，并公布了事故车辆当时的部分行车状态。 据小米声明，事故发生前，车辆处于 NOA智能辅助驾驶状态，时速为116km/h。事发路段因施工，有路障封闭车道，改道至逆向车道行驶。NOA在行业 中被称作领航辅助驾驶功能，可以自行控制车辆施行加减速，并变更车道，上下匝道。 根据小米公布的行车记录，在NOA发出障碍物提醒后，驾驶员在1秒后接管了车辆。但由于速度过高，驾驶员接管车辆后的3秒内，碰撞便发生了。碰撞 前，事故车最后速度仍有97km/h。 顶流公司小米，加上汹涌的智热潮驾，这场事故已然引发全民关注，也将再次绷紧车企和消费者心中的行车安全之弦。 事故现场还原：极限2秒钟 从小米公布的驾 ...