On July 25th, at the first (Guangzhou) International Public Transportation New Energy and Digital Technology Industry Expo, Chen Chaohua, Deputy Secretary-General of China Urban Public Transport Association, revealed that more than 20 cities across the country have launched autonomous driving bus service.

Recently, policies have been introduced in Beijing, Shanghai, Wuhan and other places to accelerate the implementation of autonomous driving technology. Beijing has issued a draft regulation on autonomous driving cars for public services, supporting L3/L4 autonomous driving cars. Shanghai has issued the first batch of demonstration application licenses for driverless intelligent connected vehicles, and Wuhan has opened the world's largest self-driving travel service area. The order volume of Luobu Express, a subsidiary of Baidu, has risen rapidly. As of April 2024, the cumulative order volume has exceeded 6 million, and more than 300 vehicles have been invested in self-driving. Liu Zejing of Huaxi Securities stated that the acceleration of landing commercial scenarios, road testing and institutional construction across the country in the near future will drive the continuous optimization and maturity of autonomous driving technology. In terms of market size, the Prospective Industry Research Institute predicts that the size of China's autonomous driving car market will continue to rise from 2024 to 2029, and the market size will exceed 29 billion yuan in 2029. The compound annual growth rate from 2024 to 2029 will reach 17.57%.

According to the Financial Data Center, among related listed companies:

Ankai bus stated on its interactive platform that its L4 level autonomous driving capabilities include track following, autonomous start-stop, autonomous cruise, autonomous obstacle avoidance, autonomous lane changing, and emergency braking. Currently, the company has a relatively small number of orders for autonomous driving buses.

Youon Technology has obtained the "Network Appointment Taxi Operation License." The company stated in 2020 that it has established a subsidiary for self-driving car projects and it will carry out regional commercial operations once conditions are mature.