73% of New Cars in China Equipped with Smart Cockpits
The automotive industry report indicates that the market penetration rate of cars equipped with combination driving assistance functions in our country is rapidly increasing, having entered the stage of large-scale application. The market penetration rate has risen from 23.5% in 2021 to 57.3% in 2024. It is expected that this year the market penetration rate for L2 level vehicles, which have partial autonomous driving functions, will likely exceed 70%. In addition, the importance of intelligent cockpit technology is also growing day by day. The report also points out that the penetration rates of intelligent cockpits in new vehicles in China and globally have climbed to 73% and 58%, respectively, exceeding half of the market share.
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2026-07-10 13:41:05
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2026-07-09 15:47:43
Huizhou Renxin Raises PS Prices
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Liaoning Kingfa ABS Prices Closed Without Quotation Today
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2026-07-09 15:46:35
Ningbo Formosa ABS Prices Rise
July 9 report: Ningbo Formosa Chemicals has raised its ABS quotations by RMB 600/ton. The price for 15A1 is RMB 11,100/ton, and the price for 15E1 is RMB 11,000/ton. This week, prices are negotiated on a case-by-case basis. The company’s ABS plant has an annual production capacity of 750,000 tons. -
2026-07-08 11:26:40
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