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Baidu and Catl Team up on Autonomous Vehicles

Baidu, a leading Chinese technology firm, and electric vehicle battery giant CATL have announced a strategic partnership to jointly develop "competitive" driverless vehicles and innovative business models. The companies aim to leverage CATL's cutting-edge battery technology and Baidu's digital intelligence capabilities to create autonomous vehicles that can outperform existing ones in terms of speed, range, and safety. By integrating Baidu's AI-powered navigation system with CATL's advanced power batteries and chassis technology, the partnership hopes to accelerate the development of autonomous driving solutions.

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China Tech Soars in 2025 as Ai, Evs and Ar Lead the Way. Δ1.79

China's technology landscape in 2025 showcases remarkable advancements across multiple sectors, with the nation steadily positioning itself as a global technology powerhouse. Tech giants, including Tencent Holdings TCEHY, Alibaba BABA, Baidu BIDU, JD.com JD and PDD Holdings PDD, are making waves to capitalize on this technological renaissance, strategically investing in AI infrastructure and emerging technologies to strengthen China's digital ecosystem. The company's cost-effective AI architecture demonstrates that competitive AI models can be built at a fraction of Western competitors' costs.

BYD Pegs Tesla as an Ally in the Fight Against the Gas Engine as It's Ready to Share EV Technology Δ1.79

BYD is willing to share its electric vehicle (EV) and autonomous driving technologies with key rivals like Tesla, as long as that helps advance the self-driving electric vehicle cause. It started by giving away its Tesla FSD equivalent for free. BYD, which became the world's largest electric vehicle maker last quarter at the expense of Tesla, said that it is ready to share technology if that will help to advance the industry as a whole.

Chinese Ride-Hail Firm Didi Seeks $5B Valuation for Self-Driving Unit Δ1.77

Didi Autonomous Driving, a key player in China's autonomous vehicle market, is reportedly seeking fresh funding for its technology unit at a valuation of $5 billion. The company has raised a total of $1.55 billion to date and is testing a fleet of over 200 autonomous vehicles across several Chinese cities. Didi's plans to expand production and commercialize its robotaxis are expected to be funded through the upcoming investment round.

China’s Geely Introduces New Smart Driving System. Δ1.76

Geely's introduction of the new G-Pilot smart driving system marks a significant step forward in autonomous vehicle technology, allowing for more efficient and safer transportation. The G-Pilot system will be integrated into cars under various brands, including Geely Auto, Galaxy, Lynk & Co, and Zeekr, with pricing starting at 149,800 yuan for the electric sedan Galaxy E8. This development is expected to enhance the driving experience and reduce the workload of human drivers.

This Chinese EV Could Be the Tesla Model Y 'Killer' Δ1.75

Xiaomi's upcoming YU7 electric vehicle has the potential to surpass the Tesla Model Y, following the impressive sales performance of the SU7 model, which outsold the Model 3 in January in China. With features like a larger battery, enhanced driving range, and competitive pricing, the YU7 aims to capture the growing demand for electric vehicles in a rapidly evolving market. As production techniques borrowed from Tesla, such as gigacasting, are employed, Xiaomi appears well-positioned to challenge established players in the EV sector.

Xiaomi to Sell EVs Globally 'Within the Next Few Years' After Launching $73,000 Premium Car Δ1.75

Xiaomi plans to expand its electric vehicle (EV) business beyond China's borders within the next few years, according to company President William Lu, who made the announcement at a product launch event in Barcelona. The Chinese tech giant's first luxury EV model, the SU7 Ultra, has already garnered significant interest with 15,000 orders in just 24 hours. As Xiaomi looks to challenge Tesla and other players in the global EV market, it must navigate complex regulatory environments and ensure the quality of its vehicles.

China’s Geely Introduces New Smart Driving System Δ1.75

Geely's new G-Pilot smart driving system is set to revolutionize the automotive industry with its advanced autonomous technology. The system will be available on various models under Geely Auto, Galaxy, Lynk & Co, and Zeekr brands, marking a significant step towards China's growing presence in the global EV market. As G-Pilot continues to evolve, it has the potential to redefine driver experience and safety standards.

Tesla Reinstated as Top Pick; Analysts Predict 50% Upside Potential Δ1.75

Morgan Stanley has designated Tesla as its top automotive pick, projecting a price target of $430 that suggests a potential upside of over 50% for investors. The firm emphasizes Tesla's transition from traditional vehicle manufacturing to a broader focus on artificial intelligence and robotics, highlighting the substantial market growth opportunities in these sectors. Analysts believe that Tesla's innovations, particularly in humanoid robotics and energy solutions, position the company for significant long-term success despite projected declines in its Chinese market share.

Hyundai Partners with Avride to Develop Robotaxis in Autonomous Vehicles Deal Δ1.75

Hyundai Motor Company has agreed to jointly develop autonomous vehicles with Avride, a spinoff from Yandex. The partnership will focus on autonomous vehicle technology designed for robotaxis, with the two companies also exploring other use cases such as autonomous delivery services using Avride's sidewalk delivery robots. Under the deal, Avride will expand its fleet of Hyundai Ioniq 5 vehicles and integrate them with its autonomous technology.

Tesla's Sales in China Plummet Amid Smart EV Price War Δ1.74

Tesla's sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war. Tesla sold 93,926 Chinese-made vehicles worldwide in the first two months, down 28.7% year-on-year. Chinese rival BYD recorded a 90.4% increase in passenger vehicle sales to 614,679 units last month.

Tesla's AI and Robotics Efforts Get Top Pick Status From Morgan Stanley, Boosting Shares. Δ1.74

Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles. The note dated Sunday was the latest from analyst Adam Jonas, a longtime Tesla bull who has praised the company's push beyond autos as sales face pressure from high U.S. borrowing costs and fierce Chinese competition. Industry data showed Tesla sales fell 45% in Europe in January while overall EV sales jumped 37% in the region.

China's Robotics Start-Ups Emerge as New Venture-Capital Darlings Δ1.74

China's robotics sector is experiencing a surge in venture-capital investment, with start-ups in humanoid robot development securing nearly 2 billion yuan (US$276 million) in funding in just the first two months of the year. This growth marks a significant increase from the previous year and positions China to potentially rival its electric-vehicle industry in importance. With a strong presence in the global market, Chinese firms are on track to achieve mass production and commercialization of humanoid robots by 2025.

Self-Driving Cars: Google and Others Map the Road to Automated Vehicles Δ1.74

General Motors has announced the discontinuation of its Cruise robotaxi service, a decision that highlights the challenges faced by companies in the autonomous vehicle sector. CEO Mary Barra cited high costs and regulatory difficulties as primary reasons for the shift in focus toward privately owned driverless cars, reflecting a significant pivot in GM's strategy. The financial burden of the Cruise project, which reported a staggering loss of $3.48 billion in 2023, raises questions about the viability of shared autonomous mobility services.

Distillation Powers Ai Stocks to New Heights with Hedge Fund Support Δ1.74

Tesla, Inc. (NASDAQ:TSLA) stands at the forefront of the rapidly evolving AI industry, bolstered by strong analyst support and a unique distillation process that has democratized access to advanced AI models. This technology has enabled researchers and startups to create cutting-edge AI models at significantly reduced costs and timescales compared to traditional approaches. As the AI landscape continues to shift, Tesla's position as a leader in autonomous driving is poised to remain strong.

BYD Raises $5.6 Billion in Upsized Hong Kong Share Sale. Δ1.74

BYD Co., China's top electric vehicle maker, has secured HK$43.5 billion ($5.6 billion) in its largest share sale in nearly four years. The company sold 129.8 million shares at HK$335.20 each, confirming an earlier report and setting a 7.8% discount to Monday's close. BYD plans to use the fresh capital to expand its overseas business, invest in research and development, and supplement its working capital.

Xpeng Shares Jump on Plans to Make Flying Cars, Humanoid Robots Δ1.74

Xpeng Inc. shares rose after the company’s chairman said it plans to start mass production of its flying car model and industrial robots by 2026. The company's ambitions for autonomous vehicles are expected to significantly boost revenue in the coming years. Xpeng's innovative projects have garnered widespread attention from investors and experts alike, sparking interest in the potential impact on the automotive industry.

Tesla's China-Made EV Sales Fall to Lowest Since August 2022 Δ1.74

Tesla's sales of its China-made electric vehicles dropped significantly in February, with sales plummeting 49.2% from the same period last year. The drop is attributed to intense competition from Chinese rivals who have launched affordable smart EVs, including Tesla models. Despite this, Tesla remains a dominant brand in China, but its popularity is being challenged by newer models and emerging players.

China's Leader Announces Support for Tech Industry Δ1.74

The announcement by Chinese Premier Li Qiang of support for emerging industries such as biomanufacturing, quantum technology, AI, and 6G technology has sparked a broad-based rally among China's most widely followed technology stocks. The show of support was unexpected to market watchers, but it has helped to stoke investor sentiment and reinforce the country's commitment to supporting its tech sector. This development is part of a larger effort by the Chinese government to promote innovation and economic growth in key industries.

How Uber's New Product Chief Is Gearing Up For Robotaxis Δ1.74

Uber's new chief product officer, Sachin Kansal, is preparing to integrate autonomous vehicles, including Waymo robotaxis, into the Uber app, a complex challenge that will test his well-known dogfooding strategy. His extensive firsthand experience with Uber's services positions him to address potential issues as the company partners with various autonomous technology firms to enhance its market presence. The launch of the "Waymo on Uber" service in Austin exemplifies a shift in Uber's approach to autonomous technology, emphasizing collaboration over in-house development amid ongoing controversies surrounding driver displacement.

The Future of BMW Is Being Built at a Battery Factory in Germany Δ1.74

BMW is committed to advancing its electric vehicle (EV) strategy by investing billions in new battery technology, including its powerful new controller called the "Energy Master." Despite a slowdown in the global EV market, the automaker aims to introduce an electric model in every segment, leveraging its latest innovations to compete with industry leaders like Tesla and the increasing influx of Chinese EVs. The company's ambitious project, termed "the project of the century," focuses on developing in-house battery cells that promise improved efficiency, range, and energy density.

Chinese EV Startup Xpeng Delivers Record Cars for Fourth Straight Month Δ1.74

Xpeng delivered more than 30,000 cars for a fourth straight month in February, as its mass-market brand helped the company stand out in an otherwise tepid market. The flagship store of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.CFOTO/Future Publishing via Getty ImagesXpeng's success is attributed to the strong demand for driver-assist systems and its lower-priced models like the Mona vehicle, which has seen deliveries exceed 15,000 units since December. The company's planned new vehicles also offer a promising opportunity to extend its solid delivery momentum.

Tesla (TSLA) Maintains “Buy” Rating as AI and Robotics Drive Growth Potential Δ1.74

Tesla, Inc. (NASDAQ:TSLA) is maintaining a "buy" rating from analysts despite the ongoing challenges in the EV market. The company's foray into AI and robotics is seen as a key driver of growth potential, with many experts predicting significant returns on investment. As investors continue to shift their focus towards software-driven innovation, Tesla's AI-focused initiatives are becoming increasingly attractive.

BYD Launches Share Sale to Raise Up to $5.2 Billion Δ1.73

Chinese electric vehicle manufacturer BYD has initiated a share sale in Hong Kong with the goal of raising up to $5.2 billion, setting a price range of HK$333 to HK$345 per share. The proceeds from this offering are intended to bolster research and development, expand international operations, and enhance working capital. This move reflects a broader trend of increased share offerings in Hong Kong, as companies seek to capitalize on potential economic recovery in China.

Alibaba Invests Heavily in Artificial Intelligence Infrastructure Δ1.73

Alibaba Group Holding Ltd.'s latest deep learning model has generated significant excitement among investors and analysts, with its claims of performing similarly to DeepSeek using a fraction of the data required. The company's growing prowess in AI is being driven by China's push to support technological innovation and consumption. Alibaba's commitment to investing over 380 billion yuan ($52 billion) in AI infrastructure over the next three years has been hailed as a major step forward.

Xiaomi Gears Up to Enter Its Luxury Car Era with SU7 Ultra Successor Δ1.73

Xiaomi is positioning itself to transition into the luxury car market, fueled by the unexpected success of its SU7 Ultra electric vehicle (EV), which exceeded initial sales forecasts with over 10,000 reservations shortly after launch. The company plans to expand its lineup with more premium models, potentially including hybrid options, while CEO Lei Jun hints at even higher-priced vehicles in the pipeline. This strategic shift reflects Xiaomi's ambition to enhance its brand image and compete with established luxury automotive brands.