Movement Alert|NIO-SW Falls 3.08% in Regular Trading, Smart Driving Blue Light Ban Weighs on Autonomous Driving-Focused EV Stocks

Market Focus
Jul 30

On July 30, NIO-SW fell 3.08% in regular trading, trading at 37.12 HKD/share, with turnover of 115 million HKD.

On the news front, the Ministry of Industry and Information Technology issued a management directive banning the installation of smart driving indicator blue lights on passenger vehicles, citing non-compliance with the GB4785 standard. The blue light is a notification device installed by some automakers to signal that a vehicle is operating in autonomous driving mode. NIO executive Ma Lin commented that some blue lights are even brighter than taillights and pose safety hazards. The regulatory move appears to have pressured stocks closely associated with autonomous driving features.

Within the Automobile Manufacturers sector, a clear divergence emerged between smart-driving-focused and traditional automakers. BYD COMPANY rose 1.01%, GEELY AUTO rose 0.59%, while LI AUTO-W fell 1.47%, XPENG-W fell 3.19%, and LEAPMOTOR fell 4.88%, indicating concentrated selling pressure on autonomous driving-oriented EV names.

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