GAC GROUP (02238) saw its shares climb more than 3% before the noon trading session. At the time of writing, the stock was up 3%, trading at HK$4.12 with a turnover of HK$74.524 million. The increase is attributed to news from GAC's official WeChat account, stating that its Hyper brand model, the A800, has officially commenced research, development, and testing for L3 conditional autonomous driving on highways, with test speeds reaching up to 120 km/h. This testing program has received approval from relevant authorities in Guangzhou and is recognized as one of the few projects in China currently authorized to conduct L3 conditional autonomous driving high-speed tests. Against the backdrop of a continuously improving regulatory framework, autonomous driving technology is progressively evolving from functional demonstrations to a development stage centered on real-road validation. The industry widely believes that only technology that has undergone systematic testing in real traffic environments possesses the necessary foundation for further practical application and deployment.
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