光大證券:高階智駕下沉趨勢下 智駕SoC成黃金賽道
光大證券研報稱,汽車架構從集中式走向分佈式,SoC芯片成為智能駕駛核心部件。2024年城市NOA邁入15萬—25萬元區間,2025年比亞迪推動“智駕平權”,有望推動高階智駕下沉至10萬元級車型。2025年15萬以下車型城市NOA滲透率將迅速提升,對中高算力芯片需求持續提升。另外從智能駕駛的技術層面來看,2025年端到端新技術聚焦VLA與世界模型,“車位到車位”智駕功能成為各大車企競爭焦點,對芯片算力、方案商能力、主機廠自研等能力均提出更高要求。
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