He Xiaopeng, a deputy to the National People's Congress and Chairman and CEO of XPENG-W (09868.HK) -0.500 (-0.733%) Short selling $263.64M; Ratio 56.914% , proposed at this year's Two Sessions suggestions relating to autonomous driving, embodied intelligence, and low-altitude economy.Specifically, He recommended accelerating the advancement of autonomous driving technology from L2 to L4, while improving regulations and management policies.Related News Daiwa Lowers BYD (01211.HK) TP to HKD130, Maintains 'Buy' RatingFrom He's perspective, promoting the transition of policy and regulatory systems from L2 to L4 and facilitating rapid technological iteration and large-scale commercialization will help transform China's accumulated advantages in the L2 domain into competitive strengths in the L4 autonomous driving era.Some of He's suggestions included maintaining the stable operation of the L2 safety regulatory system as a foundation, promoting the transition of autonomous driving policies from L2 to L4, simplifying the intermediate steps of L3, and gradually clarifying the registration and traffic management system for L4 autonomous vehicles.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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