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A recent research report from CITIC Securities indicates that the release of the third batch of 'trade-in' subsidies is anticipated to stimulate passenger vehicle consumption. Furthermore, the introduction of the new Li Xiang i8 and its premium brand is poised to shape structural market shifts. The convening of the World Artificial Intelligence Conference (WAIC), the issuance of L4 autonomous vehicle operation licenses, and positive advancements in Tesla's smart driving and robotics initiatives all signal a reinforced trend in the smart driving and robotics sectors. The commercial vehicle industry is reaping the benefits of recovering domestic demand and export growth, with leading firms reporting performance that surpasses expectations and their undervalued nature attracting defensive investments.
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