logo
BYD's off-road brand Fangchengbao offers discount for Huawei assisted driving system

BYD's off-road brand Fangchengbao offers discount for Huawei assisted driving system

CNA02-07-2025
BEIJING :Chinese electric vehicle maker BYD's Fangchengbao brand is offering a limited-time 20,000 yuan ($2,790.33) discount for the Huawei Qiankun Advanced Driving System package, Fangchengbao said in a social media post on Wednesday.
Buyers who place their orders in July would pay 12,000 yuan for the assisted driving system package, compared with the 32,000 yuan, one-time purchase price, the post said.
($1 = 7.1676 Chinese yuan renminbi)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BYD's off-road brand Fangchengbao offers discount for Huawei assisted driving system
BYD's off-road brand Fangchengbao offers discount for Huawei assisted driving system

CNA

time02-07-2025

  • CNA

BYD's off-road brand Fangchengbao offers discount for Huawei assisted driving system

BEIJING :Chinese electric vehicle maker BYD's Fangchengbao brand is offering a limited-time 20,000 yuan ($2,790.33) discount for the Huawei Qiankun Advanced Driving System package, Fangchengbao said in a social media post on Wednesday. Buyers who place their orders in July would pay 12,000 yuan for the assisted driving system package, compared with the 32,000 yuan, one-time purchase price, the post said. ($1 = 7.1676 Chinese yuan renminbi)

China's BYD aims to raise the stakes with its intelligent driving technology
China's BYD aims to raise the stakes with its intelligent driving technology

CNA

time27-05-2025

  • CNA

China's BYD aims to raise the stakes with its intelligent driving technology

Chinese EV makers extended their losses with the industry facing a price war. A confidential meeting between China's commerce ministry and automakers also reportedly took place over the rise in secondhand sales of unused cars. Meanwhile, electric vehicle makers are still trying to outsmart each other in smart driving features. China's BYD is offering an intelligent driving technology, known as 'God's Eye'. The company told CNA's Olivia Siong that it plans to make this technology available overseas soon.

Japanese foreign equity purchases in April hit 20-year high on global market volatility
Japanese foreign equity purchases in April hit 20-year high on global market volatility

CNA

time12-05-2025

  • CNA

Japanese foreign equity purchases in April hit 20-year high on global market volatility

Japanese investors sharply ramped up their overseas equity purchases in April, shifting away from bonds as they rebalanced portfolios amid global market volatility triggered by U.S. tariffs, and capitalizing on discounted international shares. Japanese investors bought a net 3.27 trillion yen ($22.37 billion) in overseas stocks — the highest monthly total since at least 2005 — while pulling 1.08 trillion yen from foreign bonds, according to Ministry of Finance data released on Monday. Institutional investors pulled 1.99 trillion yen from long-term debt securities but allocated a net 906.3 billion yen into short-term instruments. Trust accounts led equity purchases with a record 2.76 trillion yen, followed by investment trust firms, which added 801.4 billion yen in foreign stocks. Life insurers, however, offloaded 462 billion yen in foreign shares, marking a fourth consecutive month of net selling. U.S. Treasury yields rose in early April as bonds sold off, with hedge funds unwinding leveraged basis trades and overseas investors selling U.S. debt in apparent retaliation for tariffs, amid growing doubts about the safe-haven status of U.S. assets. Separately, data released by the Bank of Japan on Monday showed Japanese investors pumped 2.12 trillion yen into U.S. equities in March — the most since at least 2014 — while trimming holdings of European stocks by a modest 21.82 billion yen. Meanwhile, overseas investors snapped up 3.68 trillion yen in Japanese markets in April, the largest monthly inflow in two years. Analysts suggested that early April buying was likely fuelled by optimism over Japanese companies, driven by corporate reforms, increased confidence in yen stability, and relatively attractive valuations compared with Western markets. ($1 = 146.1500 yen)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store