The company’s Hong Kong-listed stock has gained more than 20% over five sessions, boosted by expectations that it will showcase progress on its autopilot system and introduce more intelligent features to its low-priced cars at an event scheduled on Monday.

Any significant breakthrough in BYD’s smart driving technologies will likely further intensify competition in China’s EV car market, already the world’s largest and where the Shenzhen-based firm is a leader.

It may also help BYD’s efforts to crack into new markets at a time when hefty tariffs imposed by the EU and the US on Chinese EVs are hurting its outlook.

“BYD’s acceleration of autopilot progress will have meaningful impact on the market given its position as industry leader, and other players, especially mass market brands, will follow,” Goldman Sachs Group Inc analysts including Tina Hou wrote in a note, adding that the bank expects BYD to share the recent road-test experience of its “God’s Eye” autopilot system and new model pipelines.