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BYD shares soar after DeepSeek’s driver-assist launch
Shares of BYD, a Chinese electric vehicle manufacturer listed in Hong Kong, hit a record high of 345 Hong Kong dollars (US$44.24) on Feb. 10.
This marked a rise of over 4% during morning trade.
The price increase followed a 21% surge in anticipation of the company’s announcement of its advanced driver-assistance system, “DiPilot.”
BYD has partnered with the Chinese AI startup DeepSeek to incorporate AI into its driver-assistance system.
Recent BYD developments
| Timeline |
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11-Feb-2025 🚗 BYD to launch 21 EVs with ‘God’s Eye’ driver assistance
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03-Feb-2025 🇹🇭 BYD, Changan expand operations in Thailand
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20-Jan-2025 🚗 BYD to complete $1b Indonesia plant by year-end
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02-Jan-2025 🚗 BYD hits new record, closing EV sales gap with Tesla
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26-Dec-2024 🛠️ BYD contractor denies labor abuse claims at Brazil factory
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