HK Stock Market Move | BYD COMPANY (01211) rose by over 4% again. The company will accelerate the penetration of advanced driving functions into mid-to-low-end car models.
BYD Company (01211) rose more than 4% again, as of the time of writing, up 4.05% to HKD 328.6, with a turnover of HKD 4.177 billion.
BYD COMPANY (01211) rose more than 4%, as of press time, up 4.05% to HK$328.6, with a turnover of HK$41.77 billion.
On the news front, BYD Company Limited will hold an intelligentization strategy release conference at its headquarters in Shenzhen at 19:30 on February 10th. BYD Company Limited proposed that through the "Tianshen Eye" system, everyone can enjoy advanced intelligent driving. According to previous reports, in BYD Company Limited's 2025 production and sales plan, it hopes that at least 60% of vehicles can be equipped with advanced NOA and above intelligent driving systems, which is expected to drive NOA to become a popular configuration for vehicles priced between 100,000 to 150,000 yuan.
Orient analysis predicts that BYD Company Limited will accelerate the penetration of high-end intelligent driving functions into mid-to-low-end models in the future. A research report by Lyon pointed out that BYD Company Limited will hold an intelligentization strategy release conference on the following Monday (the 10th), and there are rumors that the entire product line will be equipped with intelligent driving solutions, becoming a short-term catalyst. It is believed that by providing affordable autonomous driving solutions, BYD Company Limited will open up a new battlefield in the competition for electric vehicles. It is predicted that by 2025, the total penetration rate of L2 level and above autonomous driving in BYD Company Limited will increase to about 40%.
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