AH Stocks opened lower, the Hang Seng Tech Index fell over 2%, BYD shares dropped over 7%, and Mixue Group rose over 4%.
More news, continuously updating.
The battle for intelligent driving among car companies has begun, and the penetration rate of intelligent driving is expected to enter a period of rapid increase.
① Domestic car companies have announced the sales data for February 2025, and are generating buzz for new products. Among them, BYD's sales in February exceeded 320,000 units, reaching 322,800 units, a year-on-year increase of 164%, and has initiated the "Smart Driving Equality" campaign. ② Kaiyuan Securities pointed out that supply drives demand, and the resonance of technology costs and experiences may lead to a rapid increase in the penetration rate of smart driving.
BYD and DJI collaborated on a significant project.
The world's first.
Europeans are anxious! The EU proposes to "loosen" the domestic auto companies' emissions regulations, and the auto stocks have risen in response.
The European Commission will propose to amend the penalty scheme for Auto Manufacturers that fail to meet the 2025 carbon dioxide emission targets for cars and trucks, allowing them to reach emission-based targets within three years. European stock markets responded by rising, with the auto Sector performing particularly well, and the Auto stock Index expanding its gains to 2.3%, while Volkswagen's European shares rose nearly 5%.
In February, deliveries increased by 160%. Together with Huawei and DJI, Wang Chuanfu aims to create a Smart Automobile ecosystem for BYD.
① BYD partners with DJI to launch the smart vehicle-mounted Drone system "Lingyuan"; ② According to Wang Chuanfu, BYD has reached strategic cooperation with several Technology companies to create multiple technologies and products, working together to build an intelligent vehicle ecosystem.
The American "god car" has unleashed its ultimate weapon.
Jump squat.
目标不工作 : If what you said is true, then it's not just cars that are returning to their value; the entire Exchange Rates system would face issues, because the US dollar, especially the euro, shouldn't be so much more expensive than the Chinese yuan (Commodity prices influence).
PhotoSynth OP 目标不工作 : Agreed…… the dollar is sooner than later going to take one hell of a whack !
MooBoi123 : Similarly, will Tesla cars still be freely available to be sold in China?