According to the CITIC Securities Research Report, smart cars, as an important implementation scenario in the AI field, are expected to show “nonlinear” growth in terms of increased penetration rate and experiential breakthroughs. Among them, in terms of penetration rate, BYD's entry into the domestic smart driving industry in 2025. It is expected to quickly raise the L2+ sales base from 1 million to 10 million vehicles, drive the L2+ penetration rate to increase from 14% to 30%, and achieve more than double growth. In terms of experience, AI is driving the transformation of the smart driving experience from “usable” to “easy to use”, and users' willingness to pay is increasing. The inflection point of smart driving is approaching in 2025, and the number of high-end smart driving models is expected to drive investment opportunities for automakers, domain controller modules and parts companies.