Xiaomi's Hong Kong stock deepened its decline to nearly 5% in the afternoon. $Tesla(TSLA.US) If FSD enters China, it would cause at least a 10% drop. Automakers have already entered the competition in autonomous driving.
Xiaomi's spokesperson confirmed that the accident vehicle was a Xiaomi SU7 Standard Edition, and the driver was not the owner. Before the accident, the vehicle was in NOA intelligent assistance mode, traveling at a sustained speed of 116 km/h. The vehicle later issued a mild distraction alert
and a hands-off warning, prompting "Please hold the steering wheel."
Due to construction repairs on the road section, the vehicle detected an obstacle, issued a reminder, and began to decelerate. Subsequently, the driver took control of the vehicle, entering manual driving mode, continued to decelerate, and steered the vehicle before colliding with a concrete pillar of the isolation belt. The system's last confirmed speed before the collision was approximately 97 km/h.
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