CITIC Securities: Technology-driven transformation, L3-level autonomous driving welcomes industrialization

Jinshi data news on November 27, CITIC Securities research report pointed out that the replacement of automatic driving technology will drive the industry to a turning point of volume, and visual language large models will endow Algorithm with similar general cognitive ability to human drivers. End-to-end models will drive the planning system from manual design to data-driven, and the long-tail scenes that hinder the landing of L3-level automatic driving will be solved under the new paradigm. With the commercialization of high-level self-driving, both the software and hardware markets will quickly rise. It is optimistic that manufacturers with strong technological innovation capabilities, leading sales, and strong vertical integration capabilities will benefit first and drive component companies to benefit.