1、 Watchlist the stock on Insights Direct to receive prompt updates ed-JS/sa-CS/AH Smart tech drives into mass market fast lane EV mass market(which accounts for some 60%of total)EV mass market(which accounts for some 60%of total)is experiencing a rising adoption of intelligent driving is experiencing
2、 a rising adoption of intelligent driving technology(L2/L2+)technology(L2/L2+)Further,launch of Further,launch of affordable technology like visualaffordable technology like visual-based solution expect to boost mass market smart car based solution expect to boost mass market smart car adoption.XPen
3、g debuts its first AIadoption.XPeng debuts its first AI-enabled smart car enabled smart car P7+at an affordable ASPP7+at an affordable ASP Chinese OEMs with strong intelligent car portfolios are Chinese OEMs with strong intelligent car portfolios are well positioned to ride the growth trend,when the
4、y well positioned to ride the growth trend,when they leverage on leverage on inin-house technology development and 3rd house technology development and 3rd party collaboration strategyparty collaboration strategy BYDBYD (1211 HK)(1211 HK)stands out with its integrated vehicle stands out with its int
5、egrated vehicle intelligence strategy,using AI technology(selfintelligence strategy,using AI technology(self-developed developed DiPilot and Huaweis Qiankun)and DiPilot and Huaweis Qiankun)and leveraging on its leveraging on its vertical integration and extensive expertise in vertical integration an
6、d extensive expertise in electrificationelectrification;maintain BUY;maintain BUY Intelligent driving moving to massIntelligent driving moving to mass-market segmentmarket segment.The penetration of intelligent driving technology to the mass market segment is rising rapidly.The share of L2 rose by s