This means that commercial vehicle ADAS is about to enter the stage of industrial investment merger and acquisition at the key node of mass production outbreak. Ruili Group is an industrial player in the supplier system of commercial vehicles, while Wei Chai Group is an industrial player in the main engine plant of commercial vehicles. This also provides some ideas for the development of autonomous driving companies in the field of passenger cars.
Returning to the field of commercial vehicle ADAS, with the regulations on the management of commercial vehicle after-loading in various places and the regulations on the mandatory front-loading of commercial vehicles at the national level, this is a process from the rise of the after-loading market to the development of the front-loading market, which also witnessed the rise of the localization of commercial vehicle ADAS, and the localization rate of commercial vehicles also played an important role.
In addition to the rise of commercial vehicle ADAS market, commercial vehicle networking market will also rise. In this article, we will share the latest White Paper on the Networking of Commercial Vehicles in China jointly completed by China Automotive Research Institute and roland berger. Please pay attention to the official account of Chezhi WeChat for the PDF file, and reply to the keyword "White Paper on the Networking of Commercial Vehicles in China" to get the download link, or forward it to the circle of friends to add Chezhijun's WeChat to get it.
Starting from 20 19, ADAS functions of commercial vehicles are pre-installed, including the mandatory pre-installation of AEB functions such as lane departure warning system (LDW), front vehicle collision warning system (FCW) and automatic emergency braking system (AEB), and some ADAS players who have worked in commercial vehicles have received fixed-point orders for pre-installation, including Jim and Maxi.
As for Tianjin Qingzhi, which was acquired by Wei Chai Group, I believe it has also obtained the pre-assembly mass production order of commercial vehicles of Wei Chai Group. After all, Wei Chai Group's commercial vehicles are there, and the purpose of M&A is even more obvious. In terms of business logic, it must be for the needs of its own products.
At present, the ADAS front-loading penetration rate of commercial vehicles is far less than 25% of passenger cars. However, with the compulsory installation and the practical application of its functions, the ADAS market for commercial vehicles will break out. Behind the explosive growth, it should be the start-up companies of this wave of commercial vehicles ADAS and the arrival of final mass production.
Previously, the coverage rate of ADAS function was extremely low, but there was a demand for vehicles such as "two passengers and one danger" from the stock. Some management departments braked to force ADAS function, which facilitated the management of these vehicles, effectively reduced the accident rate of commercial vehicles, and gave birth to the ADAS market for commercial vehicles after installation.
Obviously, this is also a policy-driven market, which is also common in the world. Whether it is a commercial vehicle or a passenger car, laws and regulations can effectively promote the coverage of on-board safety functions, and even force installation. For example, the European Commission will make it mandatory for commercial vehicles to include emergency braking, lane keeping assistance and intelligent speed assistance in 202 11.
With the promulgation and implementation of laws and regulations such as Safety Technical Requirements for Operating Passenger Cars, Safety Technical Requirements for Motor Vehicles, Performance Requirements and Test Rules for Automatic Emergency Braking System of Operating Vehicles issued by the Ministry of Communications of China, the ADAS of commercial vehicles has provided the most important impetus for the propulsion from rear loading to front loading.
02? A company with a market value of10 billion was born.
Unlike passenger car ADAS, which is firmly controlled by international manufacturers, commercial car ADAS has left a window for domestic enterprises. There are two main reasons, one is the aftermarket cultivation, and the other is the proportion of domestic brands of commercial vehicles.
Companies that cultivate the market and temper the aftermarket: Most start-ups engaged in commercial vehicle ADAS cut into the aftermarket, because many provinces have formulated local commercial vehicle management measures, which have promoted the development of aftermarket ADAS, provided market application opportunities for these start-ups and tempered their technical level.
With the mandatory requirements of laws and regulations, the pre-installation market has also arrived as scheduled, providing these startups with greater market space, which is an opportunity given by the policy. As mentioned earlier, many start-ups in the field of commercial vehicle ADAS have obtained the list of pre-points.
The proportion of domestic brands of commercial vehicles determines that they cultivate a supplier system in China, which is different from the strength of joint venture brands in passenger cars and the international supplier system they cultivate. In the commercial vehicle market, the localization rate of supply chain is high, which also helps China enterprises to obtain the ADAS market of commercial vehicles.
In terms of output, the ADAS market has an annual output of more than 4 million vehicles, which is at least a billion-dollar market. This market is enough to cultivate a company with a valuation of tens of billions of dollars. Which one will it be? We will wait and see. In addition to the ADAS market of commercial vehicles, the Internet of Vehicles market of commercial vehicles is also a market with great potential. However, after the popularization of ADAS+ networking function of commercial vehicles, it provides the most important intelligent, networked and data-based support for intelligent transportation, which will create more interesting market space.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.