CHANGAN AUTOMOBILE-B(SZ:000625)2025-12-16 12:24Group 1: L3 Autonomous Driving Approval - Changan Automobile's Deep Blue product received L3 autonomous driving approval on December 15, 2025, enabling automatic driving in congested traffic at speeds up to 50 km/h [2][3] - The approval reflects Changan's 40 years of automotive manufacturing experience and its achievements in intelligent transformation [2][3] Group 2: Technical Features and Safety - The L3 system employs a seven-layer redundancy architecture, integrating braking, steering, power, communication, perception, control, and interaction [4][6] - The perception system utilizes high-resolution 4D imaging radar, vision, and ultrasonic sensors, enhancing performance in adverse weather and complex scenarios [4][6] - Over 5 million kilometers of testing have been conducted, with no accidents or violations reported during the activation period of over 150,000 kilometers [6][7] Group 3: User-Centric Design and Market Strategy - The speed limit of 0-50 km/h is based on user needs in congested driving scenarios, addressing the most significant pain points for drivers [3][5] - Changan plans to initiate road trials with its L3 technology in Q1 2026, targeting C-end users after regulatory approvals [7][8] - Future L3 models will be introduced gradually, with pricing potentially reaching the 150,000 RMB level as the technology scales [7][8] Group 4: Safety and Quality Assurance - Changan prioritizes safety and quality, establishing a comprehensive safety system that integrates functional safety, network security, and data security [8] - The company has developed a quality management system that ensures safety and reliability can be replicated and scaled [8]