Huawei will launch a new product, CarRoute Cloud, in the second half of the year. The industry may enter a explosive growth stage from 1 to N.
Ma Jindou, the president of Huawei's wireless network product line in the field of vehicle networking, stated at the CICV 2024 Technology Week International Conference on the 19th that Huawei will launch new products in the second half of this year to solve the short board in vehicle-to-cloud, road-side and perception. Li Muhua of GTJA Securities believes that the V2X industry has entered an explosive growth stage from 1 to N, and is bullish on companies that lay out V2X.
Redstone China still holds shares in 18 A-share listed companies, while reducing its shareholding in Grindeep by 5%.
Sequoia China participated in Grail's Series A financing in 2014, and the latter was valued at about 500 million yuan in 2017. Based on this estimation, Sequoia China's investment performance is good. Since the tightening of IPO, Sequoia China has successively reduced its shareholdings in 12 A-share listed companies, such as Dongpeng Holdings and Muyuan Shares. As of the first quarter report, Sequoia China still holds 18 A-share listed companies.
The International Smart Networked Autos Conference will soon be held, and the sector of the cloud connecting cars and roads may receive another strong catalyst.
The 11th International Smart Connected Autos Conference (CICV2024) will be held from June 18th to 20th, 2024. CICV2024 has set up multi-level, multi-perspective, and multi-level activities around the integration of vehicle-road-cloud. CITIC Securities believes that high-level autonomous driving can effectively solve many pain points such as the cost increase of manpower, traffic safety, and driver shortage, and the potential market space for autonomous driving exceeds tens of trillions of yuan.
Four departments launch the pilot program of access and on-road test for Asia vets-connected autos. The arrival of autonomous driving is expected to accelerate.
The Ministry of Industry and Information Technology and four other departments are carrying out pilot tests for the access and on-road use of intelligent connected autos in an orderly manner. Through the pilot, intelligent connected autos will be put into mass production and application more quickly, driving the integration of the autos with new energy funds, ai, information communication and other industries, creating new and high-quality productive forces, and helping to promote the high-quality development of intelligent connected new energy autos.
Concept Update | Caixin Theme Library Adds 'Vehicle Road Cloud'
Autos-to-Cloud technology refers to the direct communication between cars, cars and roads, and other traffic elements. The recent intensive release of policies indicates that new energy vehicles are evolving from individual breakthroughs to multi-industry collaboration, and the integrated ecosystem of 'car-road-cloud' is accelerating. Concept stocks in the field of Autos-to-Cloud.
The domestic Car-Road Cloud Integration Project has been launched, and the prosperity of transportation informationization is expected to improve.
On June 3rd, Fuzhou announced the demonstration construction of approval projects for smart network-connected cars and road-cloud integration, making it the second city after Beijing to have a major initiative in cooperating with road-cloud. Caixin Securities believe that the application pilot of "road-cloud integration" for smart network-connected cars will accelerate the commercialization of autonomous driving.