Analysts Raise Price Targets: DeepSeek Drives BYD, Geely, and Xpeng in Smart Driving
Reading Time: 5 minutes
The automotive industry is in the midst of a paradigm shift: autonomous driving is becoming the central growth story. In China, the world's largest automotive market, domestic manufacturers BYD , Geely and Xpeng are racing for technological leadership in "Smart Driving". On February 18, 2025, China Merchants Securities (CMS) raised its ratings for the three automakers. In their current report, analysts emphasize that the three critical competitive factors in autonomous driving – algorithms, data, and computing power – remain unchanged....
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