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Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA). DeepSeek, the China-based ...
BEIJING/SHANGHAI (Reuters) -China's BYD on Monday started offering advanced autonomous driving features on most of its models including ones priced as low as $9,555, far undercutting competitors ...
The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver-assistance tech. Stock of the Day: Chinese EV maker BYD hits ...
Nor did BYD gain much on the reveal: Shares rose over 4% on Tuesday, hitting an all-time high of 345 Hong Kong dollars ($44.27), before paring back gains to end the day slightly down.
Signage at the BYD Co. headquarters in Shenzhen, China, on Monday, January 15, 2024. - Qilai Shen/Bloomberg/Getty Images
Tesla is due to report fourth-quarter sales figures later this week, which will show whether BYD managed to outpace it. Elon Musk's automaker, which does not sell hybrids, sold around 1.29 million ...
BYD is looking to dominate the electric vehicle market worldwide, and its stock is a lot cheaper than Tesla's. Why China's BYD Company Stock Popped Today Skip to main content
China's new energy vehicle sales fell 38.8% in January versus the previous month, the first such drop since August 2023, as demand faltered despite a renewed discounting push led by Tesla . ($1 ...