The “vehicle-road-cloud integration” application pilot work was launched on January 17 by five departments, including the Ministry of Industry and Information Technology. The pilot project aims to develop the application of intelligent connected vehicles. The pilot period is set from 2024 to 2026, and it includes building intelligent roadside infrastructure, improving the vehicle terminal assembly rate, and establishing a city-level service management platform.
The pilot project also focuses on increasing the rate of vehicle-side networking, equipping vehicles with C-V2X vehicle-mounted terminals, and encouraging the retrofitting of existing vehicles with C-V2X in-vehicle terminals. Additionally, it supports the interconnection between vehicle-mounted terminals and city-level platforms.
The Ministry of Industry and Information Technology, along with other departments, have been proactively promoting the development of the autonomous driving industry with policy releases. The “Notice on Carrying out Pilot Work on the Access and Road Access of Intelligent Connected Vehicles” and the “Autonomous Vehicle Transportation Safety Service Guidelines (Trial)” are among the key initiatives to drive the development of intelligent connected vehicles in China.
In a related development, statistics from Securities Times·Databao show that 86 listed companies in the A-share market are currently deploying autonomous driving technologies. It has been reported that 11 autonomous driving concept stocks have released performance forecasts for 2023, with 8 of them predicting net profit increases.
Wanan Technology and Dahua Technology are expected to have the largest pre-increase rate, while Ruiming Technology is anticipated to turn a loss into a profit. Wanan Technology‘s performance is expected to achieve a significant net profit increase, attributed to the growth in annual automobile production and sales.
Despite these positive forecasts, Oriental Fortune, the source of the article, declares that the content is published to disseminate information and does not constitute investment advice. Readers are advised to operate accordingly at their own risk.