1、 HOW CHINA IS SHAPING THE AUTONOMOUS DRIVING INDUSTRY A study on trends and driving forces reshaping the worlds largest automotive market BUSINESS SWEDEN|CHINA AUTONOMOUS DRIVING INDUSTRY ANALYSIS Preface As China actively advances a new era of communication technologies,including the industrial Int
2、ernet,big data,5G,and artificial intelligence,the spotlight on intelligent connected vehicles(ICVs)as the“intelligent mobile third space”of the future continues to intensify.Across policy-making,technological research and development,financial investment,and commercialization,China is deploying comp
3、rehensive efforts to drive the intelligent transformation of the automotive industry.The goal is to position Chinas ICVs and autonomous driving technology as globally competitive.At the 2023 World Intelligent Connected Vehicles Conference(WICV)in China,the Vice Minister of Ministry of Industry and I
4、nformation Technology(MIIT)highlighted that in the first half of 2023,cars with combined driver assistance(Level-2 in Chinese Autonomous Driving Standard)contributed to an impressive 42.4%share of new passenger car sales,signifying a rapid pace in the intelligent transformation of Chinas automotive
5、industry.In the era of intelligent transformation,traditional OEMs are breaking free from traditional structures,venturing into smart car systems and Advanced Driver Assistance System(ADAS)capabilities.Meanwhile,internet giants and tech firms leverage AI and software to delve into autonomous driving
6、,offering complete hardware and software solutions.This inter-industry collaboration,coupled with technological advancements and supportive policies,have propelled autonomous driving in China to successfully advance in line with the Intelligent Connected Vehicle Technology Roadmap 2.0 released by Ch