Gemvax Link is showing strong performance. It is interpreted to be influenced by the news that Tesla has received permission to conduct fully autonomous driving tests in China.
As of 1:13 PM on the 20th, Gemvax Link is trading at 3,125 KRW, up 7.94% compared to the previous day.
According to the industry, recently, the American electric vehicle company Tesla received permission to conduct demonstration tests of its advanced driver-assistance system, FSD (Full Self-Driving), in Shanghai, China. This has raised expectations in the market that the Chinese electric vehicle market will expand.
Gemvax Link's partner company, Pony.ai, is the first company to obtain a license to operate fully unmanned vehicles in major Chinese cities including Beijing, Guangzhou, Shanghai, and Shenzhen. In Beijing, it is currently operating a fully unmanned taxi (robotaxi) service for general customers.
Additionally, Gemvax Link is preparing all necessary arrangements for test driving, such as module installation and modification, at its Operation Hub located in Bundang-gu for domestic autonomous vehicle test runs.
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