Tag #Electric Vehicles

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cnbc.com

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Feb 11, 07:07

BYD's DiPilot Launch Sends Shares Soaring, Despite Geopolitical Risks

Chinese electric vehicle maker BYD launched its DiPilot driver-assistance system across its vehicle lineup, including a low-cost model, integrating DeepSeek AI, marking a strategic shift and sending its Hong Kong shares to record highs, despite potential Western market entry challenges.

BYD's DiPilot Launch Sends Shares Soaring, Despite Geopolitical Risks

Chinese electric vehicle maker BYD launched its DiPilot driver-assistance system across its vehicle lineup, including a low-cost model, integrating DeepSeek AI, marking a strategic shift and sending its Hong Kong shares to record highs, despite potential Western market entry challenges.

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What is the significance of BYD's launch of "DiPilot" and its integration of DeepSeek's AI in the context of China's electric vehicle market?

BYD, a Chinese electric vehicle giant, launched "DiPilot," an advanced driver-assistance system, across its car range, including a low-cost model priced below 70,000 yuan. This move follows a previous cautious approach to autonomous driving and marks a strategic shift towards function upgrades, boosting its stock price to a record high. The integration of DeepSeek's AI further enhances the system's capabilities.

usa.chinadaily.com.cn

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Feb 11, 16:09

China's Automakers Accelerate Intelligent Driving Development

Chinese automakers are rapidly advancing intelligent driving technologies, with BYD leading the way through a record $4.56 billion R&D investment in 2024's first three quarters and the adoption of open-source AI models like DeepSeek to reduce costs and accelerate development, aiming for widespread a...

China's Automakers Accelerate Intelligent Driving Development

Chinese automakers are rapidly advancing intelligent driving technologies, with BYD leading the way through a record $4.56 billion R&D investment in 2024's first three quarters and the adoption of open-source AI models like DeepSeek to reduce costs and accelerate development, aiming for widespread a...

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How will the adoption of DeepSeek specifically impact the development and affordability of intelligent driving systems in China?

The integration of the open-source large language model DeepSeek is expected to accelerate the development and reduce the cost of intelligent driving systems, thereby increasing the penetration rate among carmakers and making the technology more accessible to consumers. This is evidenced by the adoption of DeepSeek by major players like BYD, Geely, and Dongfeng Motor.

europe.chinadaily.com.cn

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Feb 11, 16:09

China's Automakers Accelerate AI Adoption in Intelligent Driving

Chinese automakers, including BYD, Changan, Li Auto, and Xpeng, are rapidly developing and deploying AI-powered intelligent driving systems, driven by significant R&D investments and the availability of open-source AI models like DeepSeek, aiming for wider adoption by 2025 with decreasing costs.

China's Automakers Accelerate AI Adoption in Intelligent Driving

Chinese automakers, including BYD, Changan, Li Auto, and Xpeng, are rapidly developing and deploying AI-powered intelligent driving systems, driven by significant R&D investments and the availability of open-source AI models like DeepSeek, aiming for wider adoption by 2025 with decreasing costs.

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What is the primary driver behind the rapid adoption of AI-powered intelligent driving systems in China's NEV industry?

Chinese automakers are accelerating the adoption of AI in intelligent driving, exemplified by BYD's "God's Eye" system and Changan Automobile's "Dubhe 2.0" plan. Li Auto and Xpeng are also developing advanced self-driving capabilities, aiming for L4 and L3 systems respectively by 2025. This surge is driven by massive R&D investments; BYD invested 33.3 billion yuan in the first three quarters of 2024.

europe.chinadaily.com.cn

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Feb 10, 07:09

China's Tech-Driven Export Boom in 2024

In 2024, China's foreign trade hit a record 43.85 trillion yuan (5% year-on-year growth), with exports surging 7.1% due to strong performance in technology-intensive green products like electric vehicles and 3D printers, showcasing its role in global supply chains despite external challenges.

China's Tech-Driven Export Boom in 2024

In 2024, China's foreign trade hit a record 43.85 trillion yuan (5% year-on-year growth), with exports surging 7.1% due to strong performance in technology-intensive green products like electric vehicles and 3D printers, showcasing its role in global supply chains despite external challenges.

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What are the potential long-term impacts of China's export-led growth strategy on global supply chains and geopolitical dynamics?

Looking ahead, China's focus on technology-intensive green products will likely continue to boost its foreign trade. The country's strategic investments in innovation, coupled with its expanding global partnerships and diversified markets, suggest sustained export growth. However, navigating rising protectionism and global uncertainties will remain crucial for maintaining this momentum.

forbes.com

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Feb 10, 10:09

Xiaomi's Stock Surge Makes Lei Jun China's Fifth-Richest Billionaire

Lei Jun, Xiaomi's founder and CEO, is now China's fifth-richest billionaire with a \$35.3 billion fortune due to a 250% surge in Xiaomi's stock price over the past year, driven primarily by investor confidence in its electric vehicle (EV) business and strong smartphone sales.

Xiaomi's Stock Surge Makes Lei Jun China's Fifth-Richest Billionaire

Lei Jun, Xiaomi's founder and CEO, is now China's fifth-richest billionaire with a \$35.3 billion fortune due to a 250% surge in Xiaomi's stock price over the past year, driven primarily by investor confidence in its electric vehicle (EV) business and strong smartphone sales.

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How does Xiaomi's EV strategy contribute to its overall financial performance, and what role does Lei Jun's public image play in the company's success?

Xiaomi's success is multifaceted, stemming from a robust smartphone business selling high-end devices and a promising EV sector. The company's market share growth in smartphones and its competitive EV pricing strategy, coupled with Lei Jun's strong brand presence, are key factors. The broader context includes increased investor confidence in Chinese tech companies following DeepSeek's AI model release.

taz.de

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Feb 10, 22:07

E-Fuels Insufficient for Climate-Neutral Car Traffic, Study Finds

A study by the Forum Ökologisch-Soziale Marktwirtschaft (FÖS) concludes that e-fuels will be insufficient to make car traffic climate-neutral, challenging the German exception in the EU's 2035 combustion engine ban. The study highlights e-fuels' high cost and low efficiency compared to electric vehi...

E-Fuels Insufficient for Climate-Neutral Car Traffic, Study Finds

A study by the Forum Ökologisch-Soziale Marktwirtschaft (FÖS) concludes that e-fuels will be insufficient to make car traffic climate-neutral, challenging the German exception in the EU's 2035 combustion engine ban. The study highlights e-fuels' high cost and low efficiency compared to electric vehi...

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Climate Action

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What are the main arguments used by those advocating for e-fuels, and how does the study address and refute these claims concerning their availability and effectiveness compared to electric vehicles?

The study's findings directly contradict claims by those seeking to overturn the EU's 2035 ban on combustion engine vehicles. The limited availability of e-fuels, coupled with their high cost and low efficiency, renders them unsuitable as a mass-market alternative to electric vehicles for passenger cars. The study suggests focusing e-fuel development on sectors where electrification is less feasible, such as aviation and shipping.

usa.chinadaily.com.cn

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Feb 11, 07:07

Chongqing's Export Surge and Foreign Investment Growth in 2024

In 2024, Chongqing, China, achieved a 715.42 billion yuan foreign trade volume, fueled by robust growth in auto (30 percent increase) and electric vehicle (94 percent increase) exports, ranking first and third nationally respectively, while attracting significant foreign investment from Singapore th...

Chongqing's Export Surge and Foreign Investment Growth in 2024

In 2024, Chongqing, China, achieved a 715.42 billion yuan foreign trade volume, fueled by robust growth in auto (30 percent increase) and electric vehicle (94 percent increase) exports, ranking first and third nationally respectively, while attracting significant foreign investment from Singapore th...

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How have national and international development initiatives contributed to Chongqing's economic success?

Chongqing's success is driven by its geographic advantages as a transportation hub within national development programs (China's western regions, Chengdu-Chongqing Economic Circle) and international initiatives (Belt and Road Initiative, Yangtze River Economic Belt). The China-Singapore (Chongqing) Demonstration Initiative, celebrating its 10th anniversary, plays a crucial role, attracting significant Singaporean investment and fostering international trade.

cnn.com

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Feb 11, 10:08

BYD's Free Advanced Driver-Assistance System Drives Shares to Record High

BYD, ranked sixth globally in car sales, has made its advanced driver-assistance system, "God's Eye", standard across most models starting at $9,555, sparking a record high in its share prices and intensifying competition in China's EV market.

BYD's Free Advanced Driver-Assistance System Drives Shares to Record High

BYD, ranked sixth globally in car sales, has made its advanced driver-assistance system, "God's Eye", standard across most models starting at $9,555, sparking a record high in its share prices and intensifying competition in China's EV market.

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What are the potential implications of BYD's move to integrate the DeepSeek AI model into its vehicles?

This strategic decision by BYD to include advanced driver-assistance systems at no extra cost is a significant competitive move, impacting the pricing strategies of rivals like Tesla and other Chinese automakers. BYD's dominance in the Chinese new energy vehicle market (over 32% in 2024) is further solidified by this action.

forbes.com

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Feb 11, 01:09

Canadian EV Range Test Reveals Significant Cold-Weather Impact

The Canadian Automobile Association's winter tests of 13 EVs revealed significant range reductions compared to manufacturer estimates, with the Toyota bZ4X losing 37% and the Chevrolet Silverado EV only 14%, highlighting the impact of cold weather on EV performance.

Canadian EV Range Test Reveals Significant Cold-Weather Impact

The Canadian Automobile Association's winter tests of 13 EVs revealed significant range reductions compared to manufacturer estimates, with the Toyota bZ4X losing 37% and the Chevrolet Silverado EV only 14%, highlighting the impact of cold weather on EV performance.

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Affordable and Clean Energy

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What technological advancements or user behaviors could mitigate the significant range loss experienced by EVs in extremely cold temperatures?

These findings underscore the need for improved cold-weather EV technology and more realistic range estimates. Future EV development should focus on optimizing battery performance in low temperatures and reducing energy consumption from heating systems to better manage driver expectations and prevent range anxiety in cold climates.

europe.chinadaily.com.cn

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Feb 10, 07:09

Intense Competition in China's Evolving Auto Market

Following the Spring Festival, China's auto market is experiencing intense competition, with domestic brands gaining dominance while foreign brands lose market share due to technological gaps and shifting consumer preference; the future of the industry depends on intelligent driving and smart cockpi...

Intense Competition in China's Evolving Auto Market

Following the Spring Festival, China's auto market is experiencing intense competition, with domestic brands gaining dominance while foreign brands lose market share due to technological gaps and shifting consumer preference; the future of the industry depends on intelligent driving and smart cockpi...

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What is the immediate impact of the post-Spring Festival sales promotions on the Chinese automotive market?

After the Chinese Spring Festival, automakers launched aggressive sales promotions, including discounts and marketing tie-ins with movies, reflecting intense competition in a market expected to grow 4.7 percent to 32.9 million units this year. Tesla offered discounts up to $1,098 on its Model 3, while Xpeng and Nio offered interest-free loans. This follows a brutal 2024 and analysts predict further market consolidation.

forbes.com

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Feb 10, 19:08

Asian Equities Mixed; DeepSeek Capacity Constraints Boost Cloud Stocks

Overnight, Asian equities saw mixed results; Hong Kong and Mainland China outperformed, while Indonesia and the Philippines underperformed. DeepSeek's server capacity constraints boosted cloud computing stocks, and the EV sector also performed well, driven by AI advancements in China. US Treasury Se...

Asian Equities Mixed; DeepSeek Capacity Constraints Boost Cloud Stocks

Overnight, Asian equities saw mixed results; Hong Kong and Mainland China outperformed, while Indonesia and the Philippines underperformed. DeepSeek's server capacity constraints boosted cloud computing stocks, and the EV sector also performed well, driven by AI advancements in China. US Treasury Se...

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What were the key market movers in Asian equities overnight, and what are the immediate implications?

Asian equities saw mixed results, with Hong Kong and China outperforming while Indonesia and the Philippines underperformed. DeepSeek's server capacity constraints led to access restrictions, boosting cloud computing stocks like Tuya (+43%). The EV sector also performed well, with Geely and Li Auto rising +8% each, fueled by AI advancements.

welt.de

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Feb 10, 19:08

Porsche's Crisis Response: Heavy Investment, Margin Drop

Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.

Porsche's Crisis Response: Heavy Investment, Margin Drop

Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.

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Responsible Consumption and Production

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What are the long-term implications of Porsche's strategic decisions, and what are the potential risks and rewards of this high-investment approach?

Porsche's significant investment, while impacting short-term profitability, positions the company for long-term growth. The substantial financial burden of approximately €800 million in reduced net cash flow by 2025 indicates a significant commitment to future market competitiveness. However, success depends on the market reception of new models and the effectiveness of organizational restructuring.

Showing 325 to 336 of 758 results