Understanding the Market | NEXTEER rises over 4% as L3 level autonomous driving receives entry ticket; Tesla's industrial chain continues to receive positive news recently
NEXTEER rose more than 4% again, as of the time of writing, up 4.04%, reported at HKD 7.98, with a transaction volume of HKD 337 million. In terms of news, recently, the "Automobile Industry Stable Growth Work Plan (2025-2026)" was officially issued, which proposed to promote the access and road testing pilot of intelligent connected vehicles, and conditionally approve the production access of L3 level models. Guozheng International previously pointed out that with the popularization of L3 and above autonomous driving, the demand for steer-by-wire will increase rapidly alongside the penetration of high-level autonomous driving. As a leading tier 1 manufacturer, NEXTEER has a strong first-mover advantage and is a core target for steer-by-wire. In addition, recently, the Tesla supply chain has been continuously favorable. Tesla CEO Musk recently stated that he plans to conduct a technical assessment of the AI5 chip design on Saturday and will hold a meeting next week regarding artificial intelligence/autonomous driving systems, Optimus robots, and vehicle production. Guozheng International previously stated that NEXTEER is a global leader in steering, and is a rare target in the autonomous driving and Tesla supply chain
According to Zhitong Finance APP, NEXTEER (01316) has risen over 4% again, currently up 4.04% at HKD 7.98, with a transaction volume of HKD 337 million.
On the news front, the "Automobile Industry Steady Growth Work Plan (2025-2026)" was officially issued recently, which proposes to promote the access and road testing pilot of intelligent connected vehicles and conditionally approve the production access of L3 level models. Guozheng International previously indicated that with the popularization of L3 and above autonomous driving, the demand for steer-by-wire will increase rapidly alongside the penetration of high-level autonomous driving. As a leading tier 1 manufacturer, NEXTEER has a strong first-mover advantage and is a core target for steer-by-wire.
In addition, recently, the Tesla supply chain has been continuously favorable. Tesla CEO Musk recently stated that he plans to conduct a technical assessment of the AI5 chip design on Saturday and will hold a meeting next week regarding artificial intelligence/autonomous driving systems, Optimus robots, and vehicle production. Guozheng International previously stated that NEXTEER is a global leader in steering and a rare target in the autonomous driving and Tesla supply chain
