According to the Huatai Securities Research Report, the smart driving and robotics sectors surpassed the decline and rebounded last week, but in July they still fell by 12.61% and 10.91% respectively. Huatai Securities believes that the recent rise is mainly due to valuation restoration and capital rotation. In the field of robotics, the industry is shifting from thematic pricing to mass production and demand verification pricing. It is recommended to observe the two main lines of the domestic chain and Tesla chain — the domestic chain is catalyzed by Yushu's listing in the short term, while Tesla Chain tracks Optimus's commissioning and display results. Currently, the time of mass production is approaching and market expectations are low. In the field of smart driving, the Robotaxi right-hand drive market has recently broken the ice. China and the US are speeding up the commercialization of RoboTaxi on the policy side, NHTSA has accelerated the commercialization of RoboTaxi, mandatory domestic standards have entered the preparation stage for implementation, and the first three companies, Geely, BYD, and Chery, have passed system certification. The L2 smart driving standard declined significantly in the early stages, and is expected to bottom out and rebound as the industry's beta expectations improve.

According to the Huatai Securities Research Report, the smart driving and robotics sectors surpassed the decline and rebounded last week, but in July they still fell by 12.61% and 10.91% respectively. Huatai Securities believes that the recent rise is mainly due to valuation restoration and capital rotation. In the field of robotics, the industry is shifting from thematic pricing to mass production and demand verification pricing. It is recommended to observe the two main lines of the domestic chain and Tesla chain — the domestic chain is catalyzed by Yushu's listing in the short term, while Tesla Chain tracks Optimus's commissioning and display results. Currently, the time of mass production is approaching and market expectations are low. In the field of smart driving, the Robotaxi right-hand drive market has recently broken the ice. China and the US are speeding up the commercialization of RoboTaxi on the policy side, NHTSA has accelerated the commercialization of RoboTaxi, mandatory domestic standards have entered the preparation stage for implementation, and the first three companies, Geely, BYD, and Chery, have passed system certification. The L2 smart driving standard declined significantly in the early stages, and is expected to bottom out and rebound as the industry's beta expectations improve.