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<Research>HSBC Research Favors XPENG-W, HORIZONROBOT-W as CN Improving Autonomous Driving Legal Framework
Recommend 30 Positive 51 Negative 9 |
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According to a HSBC Global Research report on China's autonomous driving, recent policy developments show the legal framework for autonomous driving is improving. The report highlights two draft standards released this month: the draft standard for L4 unmanned passenger vehicles by the China Society of Automotive Engineers, and the public consultation draft of national safety regulations for L3 and L4 autonomous driving systems by the Ministry of Industry and Information Technology. These developments signify strengthened regulatory efforts, establishing clearer guidelines for the safety, testing processes, and operational consistency of L3 and L4 autonomous vehicles, which will accelerate the standardization and scaling of autonomous driving commercialization. HSBC Global Research favors XPENG-W (09868.HK) and HORIZONROBOT-W (09660.HK), with target prices of HKD108 and HKD11, respectively. Both companies have been rated as Buy. AAStocks Financial News |
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