Feb. 11, 2025
BYD Offers Free Driver Assistance on EVs Under $10,000
TMTPOST -- Chinese electric vehicle giant BYD has introduced its advanced driver-assistance system (ADAS) at no extra cost across most of its models, including those priced as low as 69,800 yuan ($9,555), fueling a surge in its stock price. The company’s proprietary “God’s Eye” system is now available in budget-friendly models, a move analysts say could further intensify the ongoing price war in the world’s largest auto market. BYD’s shares jumped over 4% to a record high when trading opened in Hong Kong on Tuesday, reaching 330 Hong Kong dollars ($42), according to Refinitiv data. “2025 will be the first year of intelligent driving for all,” BYD Chairman Wang Chuanfu declared at an event in Shenzhen on Monday. Wang predicted that advanced driver-assistance technology would become a standard feature in cars within the next three years, much like seat belts and airbags.
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