Autonomous driving is currently not a priority for Chinese EV buyers, so Tesla’s FSD is unlikely to shake up the industry because local rivals have started to offer similar technologies, according to Ming Lee, head of Greater China Autos Research at BofA Global Research, on the sidelines of the Innovative China Conference in Shenzhen on … Read more
Senior executives of the Shenzhen-based technology behemoth on Wednesday took the wraps off this initiative at an event in Beijing, where they touted the advantages of having its mobility solution backed by the firm’s own large language model (LLM) – the technology used to train generative AI services like ChatGPT – to not only enhance … Read more
Goldman Sachs said in a research note on April 1 that it believed the fully electric sedan “is highly competitive and demonstrates Xiaomi’s capabilities of becoming a potential price leader in the market rather than a price follower.” The SU7, fitted with intelligent features such as an autonomous driving system and digital cockpit, hit the … Read more
Chinese smartphone maker Xiaomi will start deliveries of its maiden electric vehicle (EV) on March 28 as it joins the fray against established players like BYD and Tesla amid an ongoing discount war in the highly competitive domestic market. The Beijing-based company said on Tuesday orders could be placed immediately, but it did not unveil … Read more
