GAC GROUP (02238) Rises Over 3% Before Noon as Hyper Brand Launches L3 Conditional Autonomous Driving Highway R&D Testing

Stock News2025-12-29

GAC GROUP (02238) saw its shares climb more than 3% before the noon trading session. At the time of writing, the stock was up 3%, trading at HK$4.12 with a turnover of HK$74.524 million. The increase is attributed to news from GAC's official WeChat account, stating that its Hyper brand model, the A800, has officially commenced research, development, and testing for L3 conditional autonomous driving on highways, with test speeds reaching up to 120 km/h. This testing program has received approval from relevant authorities in Guangzhou and is recognized as one of the few projects in China currently authorized to conduct L3 conditional autonomous driving high-speed tests. Against the backdrop of a continuously improving regulatory framework, autonomous driving technology is progressively evolving from functional demonstrations to a development stage centered on real-road validation. The industry widely believes that only technology that has undergone systematic testing in real traffic environments possesses the necessary foundation for further practical application and deployment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment