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China's autonomous driving sector has been witnessing a flurry of activity lately. On May 24, Tesla China rebranded its Full Self-Driving (FSD) system as 'Tesla Assisted Driving.' This came just three days after Tesla announced the rollout of its supervised FSD version across 10 countries and regions, including China. This strategic move is far from coincidental. Fueled by advancements in artificial intelligence and other cutting-edge technologies, China's autonomous driving industry is experiencing a boom. Key technologies are continuously making breakthroughs, and the adoption rate of assisted driving systems at or above Level 2 is surging. The sector is swiftly transitioning from the demonstration and application phase to large-scale commercialization. Meanwhile, industry chain players like Huawei and Hesai Technology are also showcasing robust growth momentum.
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