China's intelligent vehicle stocks jump after first L-3 autonomous cars approved
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China's intelligent vehicle stocks surged after the approval of two Chinese cars with level-3 autonomous driving capabilities by the Ministry of Industry and Information Technology. The CSI Intelligent Vehicle Index rose roughly 1%. Changan Auto and BAIC Motor saw significant gains, with Changan Auto up over 3% and BAIC Motor up over 5%. VanJee Technology jumped 20%, while Zhejiang Shibao and Soling Industrial both hit the upper limit of 10%.
Source: Reuters The copyright of this article belongs to the original author/organization.
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