BYD shares hit a record high in Hong Kong on Tuesday, rising 4% amid self-driving-tech integration.BYD said it would ...
Chinese electric vehicle maker BYD has added an advanced driver-assistance system for most of its models at no additional cost, catapulting its shares to a record high.
The gains came after BYD said it will host a press conference next week about its smart-car strategy.
The move is part of a bid to challenge Tesla Inc. and domestic rivals in China’s cutthroat electric-vehicle market.
4don MSN
Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD’s founder and chairman Wang Chuanfu said.
Shares of Chinese EV makers Xpeng (NYSE:XPEV) and Geely Auto (HK:0175) plummeted on Tuesday, down 5.9% and 7.2%, respectively ...
The main beneficiaries of the trend include Chinese e-commerce giant Alibaba, whose shares have staged a dramatic turnaround ...
Tesla may have reason to worry again. As approval for its FSD (full self-driving) system in China faces delays, its most formidable rival, BYD, has pledged to “democratise” autonomous driving with its ...
Hong Kong shares climbed on Wednesday, with Alibaba leading the surge due to AI-related revaluation prospects. Apple is ...
Asian equities were mostly lower overnight as Pakistan and Thailand outperformed and Hong Kong and Indonesia underperformed.
American EV maker Tesla (TSLA) is losing its edge to the Chinese powerhouse BYD (BYDDF) as the competition for AI (artificial ...
BYD shakes up the EV market with free God's Eye driver-assistance tech, challenging Tesla, NIO, Li Auto, and XPeng ...
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