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In recent years, the automotive industry has witnessed remarkable transformations, largely driven by advances in technology and shifting consumer preferences. Among the plethora of vehicles available, passenger vehicles have emerged as a significant focus, showing substantial growth rates. Two numbers often referenced in discussions about this sector are 7% and 208%, signifying not just statistical trends but also the evolving landscape of passenger vehicles worldwide.


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Alongside electrification, the integration of advanced driver-assistance systems (ADAS) has evolved, enhancing the safety and convenience of driving. Features such as adaptive cruise control, lane-keeping assistance, and automatic emergency braking are becoming standard in many new light duty vehicles. These technologies are designed not only to reduce accidents and make driving more enjoyable but also to pave the way toward fully autonomous vehicles. While fully autonomous LDPVs are still a topic of research and development, many companies are actively testing their capabilities on public roads, highlighting a significant paradigm shift in vehicle operation.


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