Cathay Securities and Haitong Securities: L2 strong standard opens for public consultation, smart driving commercialization advances further

CITIC Securities released a research report stating that the establishment of the L2 standard will standardize industry promotion, enhance consumer awareness, and promote the research and development of intelligent driving. According to the Ministry of Industry and Information Technology, the "Safety Requirements for Intelligent Connected Vehicle Combination Driving Assistance Systems" has entered the public consultation stage. From January to July 2025, the sales volume of new passenger cars equipped with combination driving assistance systems in China reached 7.76 million units. This requirement clarifies the functions of L2 vehicles in different scenarios and ensures the safety of L2 vehicles on the road. Recommended related stocks include CAERI, W-Ibeda, and others