Analysis of Investment Logic and Market Prospects for the Counter-Trend Strength of the Intelligent Driving Concept

Against the backdrop of today’s collective decline of the three major A-share indices (Shanghai Composite Index fell 1.22%, Shenzhen Component Index fell 1.88%, ChiNext Index fell 2.35%), intelligent driving concept stocks performed prominently. Wanji Technology and BAIC BluePark hit their daily limit, and Xuchen Technology rose more than 11%, showing obvious counter-trend characteristics [1].

: According to industry analysis, the cost of lidar will drop by 60-70% and the cost of self-developed controllers by 80% in 2025, laying the cost foundation for large-scale commercialization of L4 autonomous driving [1]. Pony.ai has achieved multiple key breakthroughs, including vehicle-grade mass production of L4 full-scenario autonomous driving.

: Intelligent driving systems rely on multi-sensor fusion technology, including core components like lidar, cameras, and millimeter-wave radar, forming a multi-dimensional perception system of “vision + laser + microwave”. As a core sensor for high-level autonomous driving, lidar has a detection range of over 200 meters, with some high-end products exceeding 300 meters [1].

: 2025 is called the first year of Robotaxi mass production by the industry. The 7th-generation Robotaxi developed by Pony.ai in cooperation with GAC Aion and BAIC has been mass-produced and put into use, and the safety officer has been officially canceled to achieve unmanned operation [1].

: Uber expects to provide robotaxi services in more than 10 markets by the end of 2026, and the industry is estimated to have a final value of at least 1 trillion US dollars [1]. The global driverless taxi competition is accelerating, with Chinese and American technological routes each having their own advantages.

: The European Union’s New Car Assessment Program (Euro NCAP) has increased the scoring weight of functions such as automatic emergency braking and lane centering control, and China is also promoting the improvement of the intelligent driving function safety certification system [1].

: Consumers’ attention to car safety continues to increase, and they are willing to pay a premium for models with higher safety configurations, which promotes the upgrade and popularization of intelligent driving systems [1].

: The company’s main business is the R&D of intelligent transportation products, including intelligent connected products, lidar products, automotive electronics products, short-range communication products, etc. [1]. It has technical advantages in the V2X vehicle-road collaboration field.

: Focused on lidar and V2X communication technologies, it is an important sensor and communication equipment supplier in the intelligent driving industry chain.

: Cooperated with Pony.ai to develop the 7th-generation Robotaxi, which has been mass-produced and put into use [1]. BAIC BluePark has advantages in vehicle manufacturing and mass production capabilities.

: As a traditional car company, it has unique advantages in the engineering and large-scale production of autonomous driving vehicles.

: L3 autonomous driving models from multiple car companies will be mass-produced in 2025-2026, driving the explosion of demand in related industrial chains.

: The significant drop in the cost of sensors and computing platforms has greatly improved the economy of high-level autonomous driving.

: The communication delay of 5G-V2X sensors is less than 10ms, and the transmission rate reaches more than 1Gbps, providing a technical foundation for vehicle-road collaboration [1].

: The lidar and pure vision technological routes will gradually integrate to form a more reliable perception system.

: Intelligent driving technology is still developing rapidly, and there is a risk of technological route changes.

: The regulatory policies for autonomous driving in various countries are still being improved, which may affect the commercialization process.

The intelligent driving concept has strengthened against the trend in the current market environment, reflecting the market’s confidence in the industry’s long-term development prospects. It is recommended to pay attention to the following investment opportunities:

1. Core Sensor Suppliers
   : Lidar, millimeter-wave radar and other sensor manufacturers
2. V2X Communication Equipment Providers
   : Companies related to vehicle-road collaboration infrastructure construction
3. System Integrators
   : Autonomous driving solution providers with complete vehicle manufacturing capabilities

Against the backdrop of the accelerated development of the global autonomous driving industry, Chinese enterprises have competitive advantages in fields such as lidar and vehicle-road collaboration, and related listed companies are expected to benefit from the dual dividends of industrial upgrading and accelerated commercialization.

[1] Online search results, integrating multiple financial and technical information sources
[2] Jinling API Market Data (December 16, 2025)