According to media reports, the first large-scale comprehensive closed smart-connected vehicle test site covering all scene requirements for intelligent networked vehicles and autonomous driving in China, the Yangtze River Delta (Yancheng) Smart Connected Vehicle Test Site, is officially operational. Haitong Securities believes that due to the complexity of domestic road conditions, single-vehicle intelligence cannot interact well with other vehicles. The necessity of developing automobile-to-road networking is gradually becoming apparent.
According to media reports, the Yangtze River Delta (Yancheng) Smart Connected Vehicle Test Site, the first large-scale comprehensive closed smart-connected vehicle test site covering all scene requirements for intelligent networked vehicles and autonomous driving in China, is now operational. It is reported that the Yangtze River Delta (Yancheng) Smart Connected Vehicle Test Site has the world's first and currently the only real tunnel scene built within a closed automobile test site. It is 840 meters long, 13 meters underground, and has an S-shaped buried section with a length of 350 meters, as well as underground diversion and convergence ramp, which can realize the functionality testing of intelligent networked vehicles' perception, computing, decision-making, and execution even when GPS positioning signals and network signals are blocked.
Haitong Securities believes that from the operation of the Roobo-run autonomous driving service in Wuhan, the order volume has been very large and growing rapidly. The commercial operation of self-driving cars has become a reality. However, due to the complexity of domestic road conditions and the inability of single-vehicle intelligence to interact well with other vehicles, especially in scenes such as changing lanes and entering and leaving ramps involving road right-of-way allocation, automobile-to-road networking is a good solution and the necessity of developing this networking technology is gradually becoming apparent. The issuance of the first unmanned driving license for carrying passengers in Shanghai is also a sign that the commercial operation of autonomous driving in Shanghai will become a reality very soon, and the coordinated development of intelligent driving and automobile-to-road networking is timely.
According to the Financial Data Center, among related listed companies:
Jingwei Hengrun's intelligent driving business covers products in multiple fields, including the car-end intelligent driving system, 5G/V2X T-BOX component products, road-side integrated perception computing unit FPU, 5G/V2X communication unit RSU, and operation, and has cooperation with Baidu Apollo in the direction of R&D services and solution business.
RoadRover Technology is the first batch of partners in the Baidu Apollo initiative, specializing in products such as intelligent driving cabins, smart cabins, intelligent driving (including advanced driving, assisted driving, and autonomous driving), and vehicle networking-related products.