Intelligent driving concept stocks collectively surged before the market, and Pony.ai rose more than 4%.

Concept stocks of intelligent driving in the US stock market strengthened before the market opened. Among them, Xiaopeng Motors rose more than 5%, Xiaoma Zhixing rose more than 4%, Ideal Motors rose more than 3%, Hesai rose 2%, and Baidu rose more than 1%. In terms of news, China's first batch of L3 conditional automated driving vehicles were officially announced for approval, including Changan's SC7000AAARBEV pure electric sedan and Jiho's BJ7001A61NBEV pure electric sedan. According to the national standard "Classification of Automotive Driving Automation", L3 automated driving belongs to "conditional automated driving", which means that under specific design and operational conditions, the vehicle system can fully take over dynamic driving tasks, allowing the driver to let go of the steering wheel but still remaining alert and ready to take over at any time. China International Capital Corporation points out that assisted driving features have gradually become an important consideration for Chinese consumers when purchasing a vehicle, and some car manufacturers already have the capacity for L3 automated driving solutions and production of L3 level vehicles. The official implementation of regulations for L3 automated driving will be a key catalyst for the industry's development in 2026, and is worth closely monitoring.