China approves autonomous vehicle testing with BYD and NIO, excluding Tesla, XPeng, and Huawei

From Nasdaq: 2024-06-07 05:47:00

Zacks.com features Tesla, BYD Co Ltd, NIO Inc, and XPeng Inc in their Analyst Blog. China approves testing for autonomous vehicles with nine domestic automakers, including BYD and NIO, leading the charge with L3 and L4 technology. Notable companies like Tesla, XPeng, and Huawei did not make the list, showcasing China’s selective approach to regulatory approval. China focuses on safety and innovation in advancing self-driving technology, aiming to integrate intelligent connected vehicle systems with existing road infrastructure for a future with autonomous vehicles.



Read more at Nasdaq: The Zacks Analyst Blog Highlights Tesla, BYD, NIO and XPeng