The first batch of L3 autonomous driving permits has been granted, marking a new era of 'commercial application' for China's driverless technology.

The Ministry of Industry and Information Technology (MIIT) has issued the first batch of L3 autonomous driving permits, allowing Changan Automobile and BAIC's Arcfox to conduct commercial pilot operations on designated roads. This marks the official transition of China's autonomous driving from the testing phase into a new cycle characterized by deliverability, operability, and accountability. The establishment of liability definitions and regulatory frameworks paves the way for the large-scale commercialization of L3 technology, unlocking realistic pathways for industrial chain development and the scaling of Robotaxi services.

wallstreetcnDec 15 21:17

AI investment enters a critical verification phase, autonomous driving mobility draws closer... Goldman Sachs predicts the ten key industry themes for 2026.

The year 2026 is considered a critical juncture for the success or failure of AI commercialization. Goldman Sachs has identified ten key industry themes: from the rise of generative AI and agent-based search to the deep integration of advertising, e-commerce, and social commerce; from high capital expenditure and cloud return on investment challenges to the accelerated deployment of autonomous driving; and further to spatial computing, interactive entertainment, health technology, and the rebalancing of corporate growth and investment, collectively shaping the main industrial trends for the new year.

wallstreetcnDec 12 15:15

Express News | Hong Kong-listed power equipment stocks continued to rally in the afternoon, with Dongfang Electric surging over 14%, Harbin Electric rising more than 11%, and Shanghai Electric gaining over 9%.

BreakingsDec 12 13:26

How to address power shortages? NVIDIA is hosting a themed summit next week.

Amid the explosive growth of artificial intelligence, a critical infrastructure bottleneck is becoming increasingly prominent—electricity. As the undisputed leader in AI chips, NVIDIA is turning its attention to this challenge, which could constrain industry development.

wallstreetcnDec 12 10:14

Everything will be “like gold”! BofA’s Hartnett: Going long on commodities is the best “hot trade” for next year.

Michael Hartnett, Chief Investment Strategist at Bank of America, has forecasted that going long on commodities will become the best trading theme in 2026, with all commodity charts eventually showing an upward trend akin to gold. This assessment is based on a paradigm shift in the global economy from the post-financial crisis model of "monetary easing + fiscal tightening" to a post-pandemic era of "fiscal easing + de-globalization."

wallstreetcnDec 8 16:04

Full Breakdown of Aluminum Smelting Costs: What Percentage Do Coal, Electricity, and Alumina Account For? | Jin10 Futures Heatmap

A Deep Dive into the Cost of Electrolytic Aluminum! Coal, Electricity, Alumina — Which Constitutes the Largest Share? An Infographic to Understand the 2025 Cost Structure of Electrolytic Aluminum.

Golden10 DataDec 8 13:51