NIO, BYD Receive Beijing's Approval For Autonomous Driving Tests Amid Tesla's FSD Launch Aspirations In China
Portfolio Pulse from Benzinga Neuro
NIO and BYD have received approval from Chinese regulators to test their automated driving technology on public roads. This approval marks the first instance of Chinese authorities approving testing for level 3 and level 4 automated driving technologies. Tesla is also preparing to register its 'Full Self-Driving' software in China, highlighting the competitive race in the autonomous driving sector.
June 05, 2024 | 1:04 pm
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BYD has received approval from Chinese regulators to test its automated driving technology on public roads, which is expected to accelerate the application of their autonomous driving technology.
The approval allows BYD to gather real road data, advancing their L3 and L4 auto-driving technology. This is a significant milestone that could enhance their market position in the autonomous driving sector.
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NIO has received approval from Chinese regulators to test its automated driving technology on public roads, marking a significant step in the development of its autonomous driving capabilities.
The approval allows NIO to gather real road data, advancing their L3 and L4 auto-driving technology. This is a significant milestone that could enhance their market position in the autonomous driving sector.
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Tesla is preparing to register its 'Full Self-Driving' software in China, aiming for a rollout by the end of the year. This move highlights the competitive race in the autonomous driving sector.
Tesla's move to register its FSD software in China indicates its commitment to competing in the Chinese autonomous driving market. This could positively impact Tesla's market position and stock price.
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