$NVIDIA (NVDA.US)$
ZEEKR Intelligent Technology Holding Limited (NYSE: ZK) plans to enhance driver assistance features by providing advanced functionalities for free to local customers. This move comes as competition intensifies in the electric vehicle market, especially as Tesla (TSLA) currently promotes its fully autonomous driving system in China through a free trial.
The system from ZEEKR (NYSE: ZK) allows drivers to rest their hands on the steering wheel, and as long as regulatory approval is in place, the vehicle can drive almost autonomously between predetermined destinations. Initially, this system will be deployed to a pilot group before being made publicly available in April.
Andy An, the CEO of ZEEKR (ZK), emphasized the need to bridge the gap with the market leader in driver assistance. He told CNBC that subscriptions currently make no sense due to intense competition.
The company's driving assistance system utilizes the Nvidia (NVDA) Orin X chipset and lidar technology...

Tesla's decline is becoming clear, concerns are growing that it has been overtaken by BYD - stock price plunges.March 19, 2025 4:05 JST
Tesla's stock price temporarily fell by 6.6%, with clear differences compared to BYD, which updated its all-time high.
There are doubts about the evaluation that it is staying one step ahead of competitors through constant innovation.
American electric vehicle (EV) manufacturer Tesla has fallen out of favor on Wall Street. With the announcement of a 5-minute charging EV system by China's competitor BYD, there is a view that Tesla has been overtaken in innovation in EVs, which was once Elon Musk's strength.
Tesla shares plunged 6.6% during trading on the 18th. In contrast, BYD updated its all-time high in the Hong Kong market on the 18th.
The company's stock's high valuation has been supported by the assessment that it always stays one step ahead of competitors through constant innovation, and this announcement by BYD is a significant blow.
The outlook for Tesla had already deteriorated over the past month. In addition to sluggish sales in major markets, the increasingly political presence of Musk has weighed down the stock price.
The portfolio manager from Aptus Capital Advisors, ...