Etiqueta: Horizon Robotics

As electric car giant BYD gets serious about advanced driver-assistance systems, analysts expect its suppliers can benefit.

Chinese new energy vehicle (NEV) manufacturer BYD has launched advanced autonomous driving system, God's Eye, which will be equipped on all its car models.

One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That means the policy is likely to last - and could catch on elsewhere.

BYD is developing a smart driving chip with a computing power of 80 TOPS that will be used in the company's models priced between RMB 80,000 ($11,060) and RMB 300,000, according to local media.

BYD plans to use smart driving features as a weapon to drive sales growth next year, as the marginal effect from price advantage begins to wane, according to local media.