Ping An Property & Casualty Beijing Branch provides a maximum coverage of 5 million RMB for third-party liability insurance for Beijing's L3 autonomous driving.

Recently, the first batch of special license plates for L3 level autonomous vehicles on highways in Beijing have been officially issued. Under the guidance of the Beijing Regulatory Bureau of the China Banking and Insurance Regulatory Commission, the Beijing branch of Ping An Property and Casualty Insurance Co., Ltd. is providing coverage for up to 2 million RMB per person for onboard personnel and up to 5 million RMB for third party losses in the event of accidents occurring while using L3 functions. This coverage includes new risks such as defects in the autonomous driving system, software update risks, and network security attacks.