• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek

by February 12, 2025
written by February 12, 2025

NIO Inc.’s stock is trading lower on Tuesday following an announcement by BYD Auto regarding the inclusion of self-driving technology in its vehicles.

The announcement is probably seen as a competitive challenge for NIO, as BYD’s integration of advanced technology into more affordable models could pressure premium EV brands.

Apart from NIO, shares of several Chinese electric vehicle makers saw notable declines on Tuesday.

US-listed shares of Xpeng dropped close to 6%, while Li Auto fell 4%.

Meanwhile, in Hong Kong trading, Geely Auto shares experienced a sharper decline, tumbling over 10% to close on Tuesday.

BYD and DeepSeek’s plans

BYD revealed plans to introduce its “DiPilot” assisted driving system, developed in collaboration with DeepSeek.

The advanced driver-assistance technology will be available across BYD’s lineup, including a model priced at just 69,800 yuan ($9,555).

DeepSeek’s artificial intelligence model will power the more advanced versions of the DiPilot system.

These driver-assistance programs leverage AI, software, and sensors to control vehicles and reduce human intervention.

BYD’s founder and chairman, Wang Chuanfu, emphasized during a live-streamed launch event that advanced smart driving will soon be as essential a safety feature as seatbelts and airbags.

Notably, this marks a shift in BYD’s stance.

In March 2023, the company acknowledged the complexities of liability in autonomous vehicles while recognizing the safety benefits of self-driving technology.

Nomura analysts noted that BYD’s move to include driver-assistance features in a sub-70,000-yuan car likely makes it the first automaker in China to do so.

Wall Street analysts on NIO and Li Auto

Last week, NIO stock faced a downgrade as JP Morgan analyst Nick Lai shifted his rating from “buy” to “hold”.

Lai also lowered the price target for the US-listed shares of the Chinese electric vehicle maker from $7 to $4.70 per American depositary receipt.

While Lai acknowledged that the company’s new ET9 sedan could support sales volumes, he highlighted that the vehicle’s high-end positioning would limit its broader market impact.

The ET9, with a starting price of approximately $100,000, is not targeted at mass-market consumers.

On the other hand, Macquarie analyst Eugene Hsiao upgraded Li Auto from neutral to outperform, setting a price target of $29.00.

The upgrade comes after the company’s recent quarterly performance, which saw vehicle volumes fall below the anticipated guidance range due to a higher proportion of the lower average selling price (ASP) models, L6 and L7.

Hsiao highlighted that while first-quarter premium EV volumes might remain seasonally weak, concerns over battery electric vehicle (BEV) SUV competition appear to be already reflected in Li Auto’s current stock price, supporting the more optimistic stance.

Macquarie also has a neutral rating on shares of XPeng. The firm has a price target of $18.00 for the stock.

The post Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Sam Altman shuts down Elon Musk’s OpenAI offer: ‘I have nothing to say, it’s ridiculous’
next post
Apple is partnering with Alibaba for AI in China: here’s why

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump unleashes US nuclear renaissance with bold executive orders

    May 24, 2025
  • Record breaking haul for Senate Republican campaign committee as it aims to expand majority

    February 3, 2025
  • Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’

    September 10, 2024
  • New tech-focused MAHA initiatives will usher in ‘new era of convenience,’ improve health outcomes, Trump says

    July 30, 2025
  • IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

    February 22, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

    July 28, 2025
  • The history of Gaza amid Trump’s plan to rebuild enclave

    February 5, 2025
  • After stinging election defeats, DNC eyes rural voters as key to 2026 midterm success

    January 31, 2025

Recent Posts

  • Walmart hikes its outlook again as shoppers spend more outside the grocery aisles

    November 20, 2024
  • Bitcoin Hits $88,000 All-Time High, Ethereum Surges 5.91%

    November 15, 2024
  • GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says

    May 8, 2025

Editor’s Pick

  • Trump urged to review UN immunity, lax visa rules amid national security concerns

    April 3, 2025
  • Trump’s NATO Turnaround: From threatening to pull US out to ‘daddy’ of the alliance

    June 28, 2025
  • Biden, Harris call for Supreme Court term limits, code of conduct, limits on presidential immunity

    July 29, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock