According to a research report from Everbright Securities, the automotive architecture is undergoing a transformation from centralized to distributed systems, with SoC (System on Chip) chips emerging as a pivotal component in intelligent driving. It is projected that by 2024, city-level NOA (Navigate on Autopilot) will become a standard feature in vehicle models priced between RMB 150,000 and RMB 250,000. In 2025, BYD aims to "democratize intelligent driving," potentially extending advanced intelligent driving technologies to models priced around RMB 100,000. This anticipated shift will significantly boost the penetration rate of city-level NOA in models below RMB 150,000, fostering a steady rise in demand for chips with medium to high computing capabilities.

From a technical standpoint, 2025 is set to witness VLA (Vectorized Linear Algebra) and world models becoming the centerpieces of end-to-end new technologies. Leading automakers will compete fiercely in the realm of "parking spot to parking spot" intelligent driving functionality, which imposes stringent requirements on chip computing power, solution provider expertise, and OEMs' in-house R&D capabilities. This evolution underscores the burgeoning potential of the SoC market for ADAS (Advanced Driver Assistance Systems) as a golden opportunity in the automotive industry.