Etiqueta: Tesla

Chinese electric vehicle maker BYD unveiled “God’s Eye,” an advanced driver assistance system that will be install on its entire model lineup, including

The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver assistance tech.

BYD will launch Smart Driving Edition updates to all models without a price hike, challenging Chinese competitors and Tesla. By Stewart Burnett

Shares of competitors Li Auto, Xpeng, and Geely Auto fell by 6%, 9% and 10% respectively.

BYD’s progress in autonomous driving has exceeded “our expectations,” said analysts from Chinese brokerage Citic.

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.

Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.

CATL continued to remain the world's largest power battery maker in 2024, with a 37.9 percent share that is higher than the 36.6 percent in 2023.

BYD Co. shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle leader will further challenge peers like Tesla Inc. through its smart driving strategy.

Leapmotor, the Chinese partner of Stellantis, on Tuesday launched a new electric vehicle with smart driving technology priced under 150,000 yuan ($20,535), a day after BYD slashed the entry price for such smart EVs. Leapmotor said it would launch pre-sale of its B10 on March 10, its first electric vehicle model that will be equipped with lidar and urban traffic smart driving capability. China's BYD on Monday started offering advanced autonomous driving features on most of its models including ones priced as low as $9,555, far undercutting competitors such as Tesla in a move analysts say is set to start a new price war.