Changan Automobile: With the expansion of the L3 scale, in the future it can sink to the level of vehicles priced at 150,000 yuan.

Changan Automobile conducts targeted research, and its subsidiary, Deep Blue Automobile, was approved to carry L3 level automatic driving functions in its intelligent connected vehicle products on December 15th, enabling automatic driving in single lanes on highways and city expressways in congested traffic environments. In terms of the follow-up planning for the commercialization of L3, the company plans to conduct road tests with the use of Changan Car-Link Technology in the first quarter of 2026; after the official announcement and implementation of relevant national regulations and policies, Changan Automobile will begin product access and market deployment for C-end users. The company has a complete L3 plan, and future models from Avita, Deep Blue, and Qiyuan will be gradually introduced. With the expansion of L3 scale, it will eventually be integrated into models in the 150,000 level.