Review of Research on the Commercialization of China’s Intelligent and Connected Vehicles Industry

As one of the important directions for the future transformation and upgrading of global automobiles, intelligent connected vehicles (ICVs) are currently in a critical stage of rapid technological evolution and accelerated industrial layout. Realizing legal and regular operation is the crucial and final goal of the commercial application of the ICV industry. The huge commercialization prospect of ICV has attracted massive participation of enterprises. With the further acceleration of the transformation of the autonomous driving industry structure, OEMs attach great importance to the research and development of ICV technology. They are devoted to mass-producing vehicles equipped with L3 or higher autonomous driving technology in the future. At the same time, selecting a few application scenarios to break through fully is the choice for most autonomous driving companies to promote the commercialization of intelligent connected vehicles. Forming corresponding solutions and products according to the characteristics of various application scenarios and technological evolution trends and realizing industrialization and large-scale development has become the consensus and common goal of the staged development of the industry. China’s ICV industry has run parallel and is leading the world in some fields. Driven by technology, capital, and policies, China’s ICV industry constantly advances from commercial pilots to large-scale applications. This article provides a reference for the commercialization of China’s ICV industry by analyzing the status, key elements, and challenges of China’s ICV commercialization.