Market Chatter: Xiaomi Renames Smart Driving Feature In Line With Regulations
Xiaopeng Autos-W (09868.HK) plans to hold a Board of Directors meeting on May 21 to approve the first quarter performance.
Gelonghui, May 6th丨Xiaopeng Autos-W (09868.HK) announced that the Board of Directors meeting will be held on May 21, 2025 (Wednesday) to consider and approve the company and its subsidiaries' first quarter performance for the three months ending March 31, 2025, and its release.
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.
① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.
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