(Bloomberg) — Autonomous driving startup Pony.ai plans to file publicly for an initial public offering in the US as soon as this week, according to people familiar with the situation. Most Read from Bloomberg The company is looking to raise as much as $300 million from the listing, the people said, asking not to be… Continue reading Self-Driving Startup Pony.ai Said to Plan to Publicly File for US IPO This Week
Author: Yarhow_Finance Online News
Toyota to launch first EV with advanced self driving system for China in 2025
Toyota (TM) is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla’s Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said. The JV with state-owned Guangzhou Automobile Group (GAC) (601238.SS) aims to restore the Japanese automaker’s market share in China… Continue reading Toyota to launch first EV with advanced self driving system for China in 2025
Electric vehicles: China’s GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline
Chinese state-owned carmaker Guangzhou Automobile Group (GAC) said it plans to intensify its push into Hong Kong’s electric vehicle market by setting itself an ambitious target of 4,000 sales in the city by the end of this year. GAC Aion, the electric vehicle (EV) unit of GAC, the Chinese partner of Toyota and Honda, aims… Continue reading Electric vehicles: China’s GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline
China’s BYD links up with DeepSeek in an AI threat to Tesla
Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA). DeepSeek, the China-based generative AI company, has been in the spotlight recently, largely because it offers AI technology comparable with OpenAI’s but reportedly at less expense while requiring fewer resources.… Continue reading China’s BYD links up with DeepSeek in an AI threat to Tesla
Trending tickers: Tesla, GameStop, Palantir, Super Micro Computer and Entain
Tesla (TSLA) shares fell nearly 1% in pre-market trading, adding to a 3% drop the previous session, as growing concerns over CEO Elon Musk’s political affiliations and public image weigh on the company’s prospects. Investors are increasingly worried that Musk’s actions could deter potential customers, threatening to harm Tesla’s (TSLA) sales. The electric vehicle maker… Continue reading Trending tickers: Tesla, GameStop, Palantir, Super Micro Computer and Entain
BYD Starts New EV Price War With Free Smart-Driving System
(Bloomberg) — BYD Co. opened a new front in China’s electric vehicle price war — adding advanced driver-assistance features across most of its lineup for no extra cost and sending its shares to a record. Most Read from Bloomberg At a highly anticipated event on Monday evening in Shenzhen, BYD said it will make its… Continue reading BYD Starts New EV Price War With Free Smart-Driving System
Lear Falls 12% in 6 Months: Here’s Why You Should Sell the Stock
Lear Corp. LEA shares have plunged 12.4% over the past six months, underperforming the Zacks Auto, Tires and Trucks sector’s appreciation of 16.1% and the Zacks Automotive – Original Equipment industry’s return of 2%. Lear’s subpar performance can be attributed to significant cuts in EV production, delayed program launches, declining volumes on key platforms and… Continue reading Lear Falls 12% in 6 Months: Here’s Why You Should Sell the Stock
Hyundai Mobis unveils movable sound system
Hyundai’s speakers adjust their angle to minimise sound wave interference. Credit: Hyundai Mobis. Hyundai Mobis has developed a new movable sound system that is engineered to synchronise with the rollable display installed in the driver’s cockpit. The movable sound system dynamically adjusts angles of its speakers based on the display configuration, ensuring clear, high-quality sound,… Continue reading Hyundai Mobis unveils movable sound system
Eaton announces live webcast of investor conference on March 11, 2025
DUBLIN, February 13, 2025–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it will host its 2025 investor conference on Tuesday, March 11, 2025, from 2 p.m. to 5:30 p.m. Eastern time. The purpose of the meeting is to discuss the company’s business prospects with securities analysts and institutional investors. Conference presenters will include Craig… Continue reading Eaton announces live webcast of investor conference on March 11, 2025
Why Dana Inc (DAN) Is Skyrocketing So Far In 2025?
We recently published a list of Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Dana Inc (NYSE:DAN) stands against other automotive stocks that are skyrocketing so far in 2025. The automotive industry is starting to shift gears this year as… Continue reading Why Dana Inc (DAN) Is Skyrocketing So Far In 2025?