Etiqueta: Hong Kong

BYD (OTCMKTS:BYDDF) Sets New 52-Week High - Time to Buy?

BYD shakes up the EV market with free God's Eye driver-assistance tech, challenging Tesla, NIO, Li Auto, and XPeng

The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver assistance tech.

Shares of competitors Li Auto, Xpeng, and Geely Auto fell by 6%, 9% and 10% respectively.

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.

BYD Co. shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle leader will further challenge peers like Tesla Inc. through its smart driving strategy.

The move is part of a bid to challenge Tesla Inc. and domestic rivals in China’s cutthroat electric-vehicle market.

Chinese electric vehicle giant BYD plans to begin sales of 21 models equipped with its God's Eye advanced driver-assistance system , it said on Monday, intensifying competition in the smart electric...

Lei Jun, the founder of Chinese tech giant Xiaomi, has climbed to the position of China’s fifth wealthiest billionaire following a remarkable 250% rally in the company’s shares over the past year. Investors have become increasingly optimistic about Lei’s expansion into the electric vehicle (EV) sector, driving Xiaomi’s market performance. At 55, Lei now possesses […]

Company combining Dongfeng and Changan could allocate resources to the most competitive products and technologies, analyst says.