As electric vehicle giant Byd takes driver assistance systems seriously, analysts expect its suppliers to benefit. Shares of Hong Kong-listed automakers have set record highs over the past week after the company launched a range of driver-assistance systems for cars, including one of its low-cost models, priced under $70,000 in the past week. (approximately $9,600). Bider also said it is integrating DeepSeek’s artificial intelligence capabilities. Companies selling parts for BYD are “probably likely to grow steadily in the future,” Nomura analysts said in a report Tuesday. “At the same time, we believe more (auto manufacturers) will have to accelerate their smart driving capabilities to catch up with their peers, which could lead to a growing demand for smart driving-related components throughout the automotive market,” analysts said. .” Their choices include automakers’ Hong Kong-listed subsidiary BYD Electronics, which enables autonomous driving components, chipmakers of Hong Kong transactions, and LiDAR developer Hesai Tech in U.S. lidar lists light detection and scope. In driver assistance systems, lidar sensors use lasers to create 3D maps of the car’s surroundings. Driver assistance features are increasingly becoming the selling point for automakers in China’s competitive electric vehicle market. Tesla’s full self-driving has not yet gained recognition from China, and its shares fell on Tuesday after news of the launch of BYD Driver-Assistant. China’s efforts to establish technological self-reliance and U.S. restrictions have supported the development of local ecosystems. BYD’s driver assistance announcement focused on the Chinese market on Monday, rather than the export business of automakers. Beijing-based Horizon Robotics is one of BYD’s main bargaining suppliers. BYD founder and chairman Wang Chuanfu said at a Horizon Robotics event last year that the future of electric vehicles will rely on semiconductors. Goldman Sachs analyst Allen Chang raised his target on Horizon Robotics to 6.95 Hong Kong dollars (89 cents) on Monday, based on expectations for higher incomes, higher than the previous 6.10 HKD. The company rated its stock. “With another push from major cars (manufacturers) to bring smart driving to low-priced cars, we are very positive about the capabilities of Horizon Robotics, one of China’s leading providers of smart driving chips to get more Designed the award-winning Journey 6 New Chipset Series. “The report said. Chang expects the Journey 6 series to grow from 3% this year for ChIP companies to 40% in 2027. Stocks have soared more than 60% so far, closing at 5.88 HKD as of Thursday. In another note on Monday, Goldman Sachs analyst Verena Jeng raised his price target for the purchased BYD electronics to 58.46 HKD, up from the previous 51.02 HKD. The stock has risen more than 30% so far this year as of Thursday’s closing. Goldman Sachs report notes that more than 3 million BYD cars are expected to adopt advanced driver assistance this year, noting how much revenue this will increase as the system price is higher than what a car spokesperson said. income. BYD’s “Dipilot” driver assistance system uses different components depending on the price point. According to Nomura’s research, the most basic people use Horizon Robotics’ chipset with Nvidia’s Orin, while the more advanced versions only use other NVIDIA chips. Nomura notes that driver-assisted versions that support driving on city streets use LIDAR. According to FactSet, Hesai is accusing the U.S. government of supporting the Chinese military, while Goldman Sachs analysts upgraded U.S.-listed stocks to neutral purchases in mid-January, citing the company’s new product cycle. Analysts raised their price target for Hesai from $5.50 to $18.40. – Michael Bloom of CNBC contributed to the report.
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