Xiaomi’s HK$1 trillion market value, self-driving features in new Chinese cars: 5 EV reads

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1. Xiaomi market value tops HK$1 trillion amid bullish view on EV business

Xiaomi’s market value breached HK$1 trillion (US$128.4 billion) for the first time after its shares surged to an all-time high, as China’s third-biggest smartphone maker reaps the benefits from its diversification into electric-vehicle (EV) manufacturing.

2. 15 million new Chinese EVs to have self-driving features this year

An electric vehicle from Xpeng drives itself under the company’s X NGP (Xpeng navigation guided pilot) advanced driver assistance system. Photo: Xpeng
An electric vehicle from Xpeng drives itself under the company’s X NGP (Xpeng navigation guided pilot) advanced driver assistance system. Photo: Xpeng

About 15 million new cars taking to mainland China’s roads – even models priced below 100,000 yuan (US$13,914) – will be fitted with preliminary autonomous-driving technology this year as the cost of the technology declines, according to industry estimates.

3. Electric trucks cheaper than diesel vehicles on long-haul routes: expert

  

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