In this paper,we study the continuum modeling of traffic dynamics for two-lane freeways.A new dynamics model is proposed, which contains the speed gradient-based momentum equations derived from a car-following theory suited to two-lane traffic flow.The conditions for securing the linear stability of the new model are presented.Numerical tests are carried out and some nonequilibrium phenomena are observed, such as small disturbance instability,stop-andgo waves,local clusters and phase transition.