The surge in new energy vehicle sales has become a key driving force.
2025-09-22
The growing number of new-energy vehicles is driving a surge in demand for core components such as batteries, motors, and electric control systems. For instance, power batteries are undergoing continuous technological advancements to meet the increasing range requirements of NEVs, spurring robust growth across the entire automotive industry chain. Meanwhile, amid the wave of automotive intelligence, demand for smart-driving components like sensors, chips, and domain controllers is also skyrocketing. Items such as LiDAR, cameras, and high-performance computing chips stand to benefit significantly as advanced driver-assistance features gain wider adoption—leading to substantial increases in both shipment volumes and upgrade potential. According to predictions from EIO Think Tank, from 2024 to 2030, the penetration rate of L2+ (highway NOA) is expected to rise from 8% to 55%, while L2+ (urban NOA) will jump from 0% to 25%. This trend is poised to fuel the expansion of the related component market.
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The surge in new energy vehicle sales has become a key driving force.
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