Shenzhen-based UBTech, a maker of humanoid robots and smart service robots, made its debut on the Hong Kong stock market today with a market capitalization of HK$38 billion.
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The Yuan UP is expected to be BYD's smallest SUV to date.
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BYD is the first companny to obtain this permit in China.
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BYD said it received its first permit on July 21, the first in China, and emphasized that L3 autonomous driving is not fully self-driving.
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YangWang U6 is a huge, luxurious sedan with the best aerodynamics of all mass-production cars.
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It will be BYD's first passenger car factory in Europe and it will produce electric vehicles.
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BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.
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BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.
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As of mid-December, Fang Cheng Bao had 120 directly-managed stores in 62 cities in China.
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The US government is discussing raising tariffs on some Chinese goods, including EVs, the Wall Street Journal reported. Chinese EVs currently entering the US are already subject to a 25 percent tariff.
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