Recent market developments have seen a significant drop in the share prices of major Chinese automakers such as Xpeng $9868.HK and Geely Auto $0175.HK. These declines have come amid heightened concerns that these companies may struggle to compete with BYD, which is now offering advanced driver assistance features at no additional cost in nearly all its models. The aggressive move by BYD is reshaping industry expectations and may spark a fresh round of price competition in the Chinese electric vehicle (EV) sector.

Recent movements in the stock market have highlighted significant volatility among major Chinese automotive manufacturers. Shares of Xpeng $9868.HK and Geely Auto $0175.HK saw sharp declines on Tuesday amid growing concerns that they might struggle to compete with BYD, which now offers intelligent driving features in nearly all its models free of charge. Meanwhile, BYD's shares have climbed by 0.9%, reaching a record high and reinforcing their market leadership.