In April last year, the Ministry of Industry and Information Technology issued a notice requiring that from January 1, 2022, newly produced passenger cars must be equipped with an EDR system, that is, a driving event recorder.
The device can record the vehicle operation data before and after the accident, and when the vehicle collides or the speed changes drastically, it will be triggered to start recording. The arrival of EDR will also provide an authoritative and reliable basis for the accident traceability of intelligent new energy vehicle companies such as Tesla and new car manufacturing forces.
With the mandatory allocation of EDR, will the price of the car rise synchronously? This problem has also attracted the attention of many netizens.
A few days ago, according to the "Red Star Capital Bureau", Mr. Liu, who is engaged in the investigation and determination of losses in automobile insurance, revealed that EDR can record driving data, especially data for tens of seconds before and after the accident. At present, driving recorders are mainly used in China, most of which are crude GPS data and video data.
Moreover, the unit price of EDR equipment is not high, and the prospectus of Hongquan Internet of Things shows that the market price of a single driving recorder is about 500 yuan.
However, cdr, a tool for reading EDR data, is more expensive. Mr. Liu told Red Star Capital bureau that the reading tool (CDR) of the EDR system is mainly provided by Bosch, and the entry-level CDR price is 7100 US dollars / set, and there is a software upgrade fee of 1000 US dollars per year, and the professional version is 18,000 US dollars / set;
Kia, Hyundai, Subaru, Mitsubishi and other car companies themselves also produce CDR prices of 6300-7000 US dollars / set, and have to pay software maintenance fees every year.
Cui Dongshu, secretary general of the China Passenger Car Association, said that the large-scale equipping of new cars with EDR will not cause price increases. "The cost of (EDR) is relatively low, that is, the concept of 300 to 500 yuan, and manufacturers can overcome this impact without increasing the cost of car purchases for consumers."
In addition, what is more worthy of investors' attention is that with the mandatory loading of EDR, its equipment space market will increase sharply, the current domestic vehicle sales are about 20 million units, the unit price of EDR is stable at 500 yuan, and the conservative market space for EDR equipment is expected to be about 10 billion yuan, of which the industrial chain of sensors, storage, MCUs, spare batteries and so on will benefit greatly.