On July 29, Hong Kong-listed auto stocks strengthened, with Li Auto rising more than 10%, GAC Group up over 7%, Xiaomi Auto, Seres, and Geely Auto climbing over 6%, and BYD gaining more than 4%.
$Electric Vehicles (LIST22910.HK)$ Gaining strength, Li Auto and Xiaomi Auto led the rally.
Chinese automakers' foray into humanoid robots is accelerating. $BYD COMPANY (01211.HK)$ has confirmed it will officially unveil its humanoid robot in August at the 'Di Space,' marking the first time it publicly displays a physical prototype under its official brand.
$XPENG-W (09868.HK)$ The humanoid robot IRON has already entered small-batch trial production at its Guangzhou factory, with the mass-production line now in the final integration and testing phase.
$LI AUTO-W (02015.HK)$ has outlined plans for two robot models—one with wheels and one bipedal—with the wheeled version scheduled for public launch within this year. Do you believe automakers stand a good chance in the robotics industry? Which companies show the most potential?