At the recent smart driving conference, BYD showcased its advancements and commercial successes in smart driving systems, outlining plans to introduce high-level smart driving technology into more affordable models by 2025. This move is poised to accelerate the widespread adoption of smart driving technology within the industry. EO Intelligence data reveals that the penetration rates for L2+ smart driving in 2024 stood at 8% and 0%, respectively, but these figures are projected to soar to 55% and 25% by 2030. Amidst the growing trend towards equitable access to smart driving technology, the penetration of smart driving systems is set to experience rapid growth, catalyzing a significant increase in demand for automotive electronic components, including LiDAR, cameras, computing power chips, and domain controllers.