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A Chinese EV giant is now offering free driver assistance tech on cars under $10,000
Hong Kong
CNN
—
Chinese electric vehicle maker BYD has added an advanced driver-assistance system for most of its models at no additional cost, catapulting its shares to a record high.
Chinese customers can now experience the carmaker’s proprietary “God’s Eye” driver-assistance system in models that cost as little as 69,800 yuan ($9,555).
Analysts said the move could further fuel a brutal, ongoing price war in the world’s biggest car market.
Shares of BYD surged more than 4% to a record high, according to Refinitiv data, when trading in Hong Kong began on Tuesday. Its shares were last trading at 330 Hong Kong dollars ($42).
“2025 will be the first year of intelligent driving for all,” BYD Chairman Wang Chuanfu said in an event from its headquarters in Shenzhen on Monday.
CNN
—
Chinese electric vehicle maker BYD has added an advanced driver-assistance system for most of its models at no additional cost, catapulting its shares to a record high.
Chinese customers can now experience the carmaker’s proprietary “God’s Eye” driver-assistance system in models that cost as little as 69,800 yuan ($9,555).
Analysts said the move could further fuel a brutal, ongoing price war in the world’s biggest car market.
Shares of BYD surged more than 4% to a record high, according to Refinitiv data, when trading in Hong Kong began on Tuesday. Its shares were last trading at 330 Hong Kong dollars ($42).
“2025 will be the first year of intelligent driving for all,” BYD Chairman Wang Chuanfu said in an event from its headquarters in Shenzhen on Monday.
https://www.cnn.com/2025/02/11/cars/china-byd-smart-driving-tesla-hnk-intl/index.html