Internet of Vehicles + Robotaxi, self-driving to welcome two major catalysts in October

1. Event: World Intelligent Connected Vehicles Conference

The 2024 World Intelligent Connected Vehicles Conference will be held from October 17th to 19th at the Beijing Etrong International Exhibition Center in Yizhuang North. The conference is jointly organized by the Ministry of Industry and Information Technology, the Ministry of Transport, and the Beijing Municipal People's Government, with the theme "Advancing Together towards the Future of Intelligent Connected Vehicles - Sharing New Opportunities for Development".

It is expected that this year's exhibition will have over 250 well-known domestic and foreign vehicle manufacturers, core component enterprises, and institutions participating, with more than 200 exhibited vehicles, cutting-edge technologies, and innovative products.

On September 5th, Tesla's official account "Tesla AI" announced a significant development through social media: its highly anticipated FSD (Full-Self Driving) system is expected to be officially launched in the Chinese and European markets in the first quarter of next year.

In addition, the Tesla Robotaxi launch event is expected to take place on October 10th. According to Ark Investment Management, by 2029, nearly 90% of Tesla's market value and profits will be attributed to the Robotaxi autonomous taxi network built on an AI supercomputing system.

Southwest Securities believes that both China and the United States are currently in the first echelon of Robotaxi development, with successful commercial small-scale operations without safety drivers, and are beginning commercial development. Unlike Tesla's pure vision + end-to-end large model technology solution, Robotaxi currently leans more towards multi-sensor fusion. Waymo and Cruise are the two leading companies in the American Robotaxi sector, while domestic players include RoboRun and Pony.ai.

2. Performance of Historical Leaders

According to Securities Times on June 4th, on May 31st, the bidding announcement for the new type of integrated infrastructure construction project for vehicle-road-cloud in Beijing (preliminary design, construction drawing design) was published on the Beijing Public Resource Trading Service Platform. According to the bidding announcement, the investment amount for this project is close to one hundred billion yuan.

Leading company Golden Profit Technology directly experienced a wave of doubling in its stock price.

3. Related Concept Stocks

According to CMB Securities:

1. In terms of vehicle manufacturers: BYD, Changan Automobile, Great Wall Motors, etc.;
2. In terms of components: Jufeng Shares, Xusheng Group, Aikedi, Rongtai Shares, Longsheng Technology, Yinlun Shares, etc.;
3. In terms of intelligence: Fuyao Glass (skylight glass, HUD), Borunte Technology (air suspension, sensors), Bertli (line control brake, electric tailgate), Xingyu Shares (LED headlights), Desay SV (intelligent cockpit, intelligent driving), etc