CITIC Securities cites FirstEV data showing urban NOA penetration in China’s passenger car market rose to 20.9% in H1 2026. The firm says this is driving sharp shipment growth for mid-to-high‑compute automated‑driving chips, urban NOA software, lidar and driving domain controllers, with leading suppliers reporting sizable revenue increases. Separately, L4 commercialization is accelerating; several companies have already demonstrated positive economics in flagship projects and are pushing asset‑l

CITIC Securities cites FirstEV data showing urban NOA penetration in China’s passenger car market rose to 20.9% in H1 2026. The firm says this is driving sharp shipment growth for mid-to-high‑compute automated‑driving chips, urban NOA software, lidar and driving domain controllers, with leading suppliers reporting sizable revenue increases. Separately, L4 commercialization is accelerating; several companies have already demonstrated positive economics in flagship projects and are pushing asset‑light business models and global rollouts. CITIC expects the automotive intelligentization supply chain to further advance R&D and product launches in H2 2026, supporting continued sector gains.