Morgan Stanley predicts that a wave of cooperation between China and the USA in electric Autos will start, leading to a "valuation reassessment" for USA car companies.

Discussions with executives from Western automotive companies indicate the necessity of collaborating with Chinese automotive firms.

Zhitong Finance04:47 ET

According to the Passenger Vehicle Association, from February 1 to 23, retail sales in the passenger vehicle market reached 0.924 million units, an 18% increase compared to the same period last year.

From February 1 to 23, the retail sales of Passenger Vehicles in the market were 0.924 million units, an increase of 18% compared to the same period last February, but a decrease of 30% compared to the previous month. Cumulatively, retail sales this year reached 2.718 million units, which is a decrease of 4% year-on-year.

Zhitong Finance03:32 ET

Intensified reshuffling! Zhang Xiang, a visiting professor at Yellow River Technology College: By 2025, Asia Vets driving will become a key factor in industrial development.

Sina Technology news, on the afternoon of February 26, during a Weibo live event initiated by Sina Technology titled "Tesla FSD quietly enters China, how should Chinese car companies respond?", Zhang Xiang, a visiting professor at Huanghe Technology College and secretary general of the International Asia Vets Transport Technology Association, stated that by 2025, smart driving will become a key factor in industry development, which will not only further shuffle the Industry but also increase the concentration of leading car manufacturers. He mentioned, "BYD will shake up the smart driving market; its sales will certainly increase significantly, many Consumers will come to purchase, supported by the economic benefits of scale, which will enable BYD to continue researching and developing smart driving systems, but the situation..."

Sina Technology02:49 ET

Is the "Chinese version" of Tesla's FSD expected to drop in price? Silicon Valley tech blogger Zheng Jun: In the USA, the price has decreased from $0.012 million to $8,000.

Sina Technology reports that on the afternoon of February 26, during a Weibo live event initiated by Sina Technology titled "Tesla FSD quietly enters China, how should Chinese automakers respond?", Silicon Valley technology blogger Zheng Jun mentioned, "Tesla FSD has actually seen continuous price reductions in the USA, dropping from $0.012 million to the current $8,000. I believe it will also lower prices in China based on local competition." He also stated, "Currently, automakers are focusing on Hardware, while Software is their main source of profit. BYD's sudden launch of the 'free smart driving' business model has actually disrupted the profit sources of other automakers."

Sina Technology02:27 ET

Market Chatter: BYD Launches Atto 2 in France

MT Newswires01:17 ET

Frontline | Intelligent Driving Competition: BYD's terminal inventory clearance promotes "God's Eye" while Tesla's FSD feature faces a lukewarm market.

On February 26, Tesla's refreshed Model Y began deliveries in the China market; the day before, the renamed Tesla FSD officially entered the China market. BYD released the "Heavenly Eye" intelligent driving system, claiming to initiate the "era of comprehensive intelligent driving."

cls.cn00:47 ET