Challenges and Future Prospects of the Autonomous Driving Industry

2024/09/29
Latest Tech, Supply Chain
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China
The autonomous driving industry has seen a century of development and significant investment, yet commercial deployment remains challenging due to technological maturity, operational stability, legal environment, and public acceptance. Despite these obstacles, technological advancements and policy support may usher in new opportunities for growth.
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Automotive Industry Dynamics: SERES Collaborates with Huawei, Xiaomi Auto Sales Surpass Model 3
Kang Bo, vice president of SERES Group, said at the World Economic Forum Annual Meeting that SERES is committed to its cooperation with Huawei. The Wenjie M8 has been launched, and more new models will be introduced in the future. Kang Bo predicted that the market share of hybrid vehicles will increase. Lei Jun, chairman of Xiaomi Group, said that the delivery volume of Xiaomi SU7 in December 2024 exceeded that of Model 3. NIO has formed a team to research and develop the quadruped robot project. The person in charge, Xu Kang, was an algorithm expert at Momenta. The sales channel layout of the Zunjie S800, a product of the cooperation between Huawei and Jianghuai Automobile, has made progress. The confident model of Great Wall's high - end brand is expected to be launched within 2025, possibly equipped with a 4.0T V8 hybrid system. Nissan announced the construction of a new lithium iron phosphate battery factory in Kitakyushu, with a planned start of production in 2028. CATL released its 2024 performance forecast, with net profit expected to increase by 11.06% to 20.12% year - on - year. Hesai Technology has won the mass production orders for lidar from Dongfeng Motor and Chery Automobile. Luxshare Precision Industry (Henan) Co., Ltd. has been established, with its business scope including the research and development of auto parts. Automobile stocks in the Hong Kong stock market fluctuated and declined, with NIO falling nearly 6%. From January 1st to 19th, the retail sales of the passenger car market decreased by 5% year - on - year, while the retail sales of the new energy market increased by 26% year - on - year. In 2024, the production of new energy vehicles in Beijing was approximately 300,000 units, an increase of nearly three times. Fujian Province has expanded the support scope for vehicle scrapping and renewal, with a maximum subsidy of 20,000 yuan.
SAIC Audi A7L Avant Spied: Long-Wheelbase A6 Avant for China
Spy shots reveal the SAIC-built Audi A7L Avant, a long-wheelbase derivative of the new A6 Avant based on the PPC premium ICE platform. Keeping the honeycomb grille and digital LED DRLs, it targets China’s high-end wagon segment with extended wheelbase and upmarket positioning, potentially replacing the previously announced A6 Avant import.
Aion N60 Debuts: Lidar-Equipped, 630 km Range Electric Compact SUV
GAC Aion unveiled the N60, a 4.6 m-long compact electric SUV offering 2.8 m wheelbase and true five-seat comfort. A 165 kW motor and 74 kWh battery deliver 630 km CLTC range with 800 V fast-charge. Roof-mounted RoboSense lidar enables L2++ ADAS, while slim LED light bar and illuminated logo underline clean-tech styling; target price ≈ ¥150 k, Q3 launch.
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Chery Malaysia Starts Brunei Exports with First Jaecoo J7 PHEV & 2WD Batch
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Volvo EX60 Spied Naked: 810 km Range, 800 V Fast-Charge, CKD Planned for Malaysia
Leaked images reveal the XC60 successor EX60 with split LED lamps, grille-less face and Mustang-style pull-tabs. Built on SPA3 with cell-to-body tech and rear mega-casting, it offers class-leading 810 km WLTP range and 800 V charging—350 km in 10 min—ahead of Malaysian CKD assembly for tax incentives.
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Chery Launches Entry-Level Tiggo 8 in Malaysia: 1.6T 197 PS from RM129,800
Chery Malaysia adds a base Tiggo 8 variant priced at RM129,800—RM30k less than the Tiggo 8 Pro. Power comes from a 1.6-litre turbo (197PS/290Nm) and 7-speed DCT driving the front wheels. Equipment swaps include 18-inch wheels, single-exit tailpipes and a 10-inch digital cluster, while the 12.3-inch centre screen, panoramic roof, powered tailgate and 360° camera remain. Warranty covers 7 yrs/150k km vehicle and 10 yrs/1M km engine.
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