Core Insights - BYD continues its strong performance in the global new energy vehicle market, achieving over 4.27 million annual sales, maintaining its position as the top seller in China and globally in the new energy vehicle segment [2] - The company emphasizes its commitment to smart driving technology with the launch of the Han family smart driving version, featuring the "Tian Shen Zhi Yan" high-level intelligent driving system as standard across the lineup [2][12] - The strategic goal is to democratize advanced intelligent driving technology, moving it from a luxury feature to a common experience for consumers [2] Intelligent Driving System Features - The "Tian Shen Zhi Yan" system integrates multiple sensors, including LiDAR, millimeter-wave radar, and cameras, focusing on three core capabilities: intelligent navigation, intelligent parking, and active safety [2][5] - Intelligent navigation is divided into two main modules: High-Speed Navigation (HNOA) and City Navigation (CNOA), covering major travel routes such as urban areas, expressways, and highways [3] High-Speed Navigation (HNOA) - The HNOA feature allows for automatic lane changes, overtaking, and navigating complex highway scenarios, demonstrating efficiency and stability comparable to leading intelligent driving systems [5][6] - The system can intelligently assess traffic conditions and adjust speed and lane selection, ensuring smooth transitions without manual intervention [6][8] City Navigation (CNOA) - In urban settings, the CNOA mode recognizes traffic light statuses and automatically stops and starts the vehicle, mimicking human driving behavior [9][11] - The system employs a "game theory" approach to navigate complex traffic situations, enhancing safety and efficiency by adapting to the behavior of surrounding vehicles [11] Market Position and Challenges - The capabilities of the "Tian Shen Zhi Yan" system position BYD within the forefront of domestic intelligent driving systems, particularly excelling in perception, decision-making strategies, and adaptability to complex scenarios [12] - Despite these advancements, BYD faces challenges in building a robust data ecosystem for intelligent driving, as its data collection efforts are still in the early stages compared to leading competitors [12]