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《大行》匯豐研究:中國自動駕駛車及無人駕駛的士處商業應用爆發前夕
匯豐環球研究發表中國自動駕駛報告指,支持無人駕駛的士技術在深圳、廣州、北京和上海等主要城市運行順利,一些試點計劃已提供全天候無人駕駛服務。由於傳感器成本降低,目前一輛無人駕駛的士平均成本約為30萬人民幣,車輛透過邊緣計算與雲端配備更強處理能力、更佳的AI算法及更大的數據集。監管環境亦給予支持。該行料將有更多牌照發放予營運商,開辟更多服務區域。該行預計下半年至明年間,中國無人駕駛的士車隊規模將增長10倍,從目前數千輛增至數萬輛。 該行將自動駕駛視為兩種不同的商業場景,智能電動車及無人駕駛的士。該行認為,鑑於技術成熟度、支持性法規及公眾接受度不斷提高,兩者在今明兩年期間都將處於商業應用爆發前夕。如試點計劃順利,將無人駕駛的士服務推廣到更多城市相對容易,與2020年至2025年間電動車發展軌跡相似。 該行目前覆蓋的自動駕駛的士相關股份包括地平線(09660.HK)、小鵬(09868.HK)(XPEV.US)及均勝電子(600699.SH),該行目前予三者「買入」評級,目標價分別為11港元、115港元及26.3元人民幣。地平線為智能駕駛方案商,小鵬明年將量產第四級自動駕駛汽車並進入自動駕駛的士市場,均勝電子生產自動駕駛的士部件。
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