And then for my follow-up, how different are the potential engagements for CV3 given the long-term nature and software platform cost of developing ADAS solutions versus the traditional segments that you play, including delivery orders?

Source: https://seekingalpha.com/article/4631877-ambarella-inc-amba-q2-2024-earnings-call-transcript?source=feed_all_articles

Currently available in five Chinese cities, this ADAS will expand to 50 cities by December, enabling autonomous navigation for select models like P7, G9, P5, and G6.

Source: https://investorplace.com/2023/11/xpev-stock-forecast-3-major-reasons-to-trust-the-process-with-xpeng/

LeddarTech, a global software company founded in 2007, develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving applications.

Source: https://www.gjsentinel.com/news/us/leddartech-releases-leddarvision-premium-surround-its-latest-low-level-fusion-and-perception/article_7c2332a6-a09d-5d55-9d46-4c9f39753711.html

Number one, our biggest market focus continues to be an ADAS, with the addition of perception software, we are better positioned than ever to compete for design wins this year.

Source: https://seekingalpha.com/article/4583152-microvision-inc-mvis-q4-2022-earnings-call-transcript?source=feed_all_articles

One of the key factors driving the ADAS market growth is the decline in sensor prices.

Source: https://www.prnewswire.com/news-releases/automotive-driver-monitoring-market-to-grow-by-usd-1-582-billion-from-2022-to-2027--the-increasing-demand-for-commercial-vehicles-drives-the-market---technavio-301915323.html

The demand for stereo cameras in the region is increasing due to the high adoption of active safety technologies such as AEBS automatic emergency braking systems through ADAS.

Source: https://www.prnewswire.com/news-releases/automotive-stereo-camera-market-size-to-grow-by-usd-534-29-million-from-2022-to-2027--the-market-is-fragmented-due-to-the-presence-of-prominent-companies-like-autoliv-inc-continental-ag--denso-corp-and-many-more---

They have partnered with Incepto Technology to provide an automotive-grade central computing platform and with Continental and Samsung to focus on AI-based software and hardware systems for advanced ADAS and fully automated driving.

Source: https://easternmirrornagaland.com/samsung-to-produce-5nm-chipsets-for-self-driving-vehicles/

We are making them here, you can see ADAS, which you were very familiar with and then CMS also for in-car monitoring and OMS and then surround-view.

Source: https://seekingalpha.com/article/4630625-sunny-optical-technology-group-company-limited-sotgy-q2-2023-earnings-call-transcript?source=feed_all_articles

Well, AAA wondered just that and commissioned a report into the effect advanced driver assistance systems (ADAS) could have on road safety over the next three decades.

Source: https://jalopnik.com/driver-assist-tech-could-prevent-27-million-crash-2050-1850748483

With more governments making ADAS features mandatory and more automakers testing autonomous driving capabilities, the growth in Mobileye's addressable market is all but guaranteed.

Source: https://seekingalpha.com/article/4633164-mobileye-is-premium-valuation-justified?source=feed_all_articles