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.
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.
In 2024, over 140 new low-altitude logistics routes will be opened in our country, and the low-altitude economy is expected to accelerate its implementation.
① According to the Statistics from the Aviation Logistics branch of the China Federation of Logistics and Purchasing, more than 140 new low-altitude logistics routes will be opened in China in 2024. ② Wu Li from Tianfeng Securities pointed out that, according to predictions from the Civil Aviation Administration of China, the market size of the low-altitude economy in China is expected to reach 1.5 trillion yuan by 2025, and 3.5 trillion yuan by 2035.
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."
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?