Byd fights against Tesla for the title of the largest electric vehicle company in the world – and now the Chinese revenue arrives for the autonomous crown of Elon Musk.
The electric vehicle giant unveiled a massive expansion of its intelligent driving system on Monday while trying to fight brutal competition in the most competitive automotive market in the world with a new range of high -tech vehicles.
Before the event, byd’s director, Zhang Zhuo, said that the company would publish 11 models with the “God’s eye” autonomous driving technology through its ocean brand.
The ultra-cock byd Seagull, which is currently starting at 69,800 yuan (around $ 9,550) in China, will also obtain intelligent driving characteristics “high level”, wrote Zhuo in an article on the Chinese social media site Weibo .
BYD’s director general Lu Tian said that the company’s six main brands – named Chinese imperial dynasties – would be fully improved with new technology.
The passage of byd in autonomous driving comes as Chinese car manufacturers are moving more and more to “EIV” or electric smart vehicles, dominating their cars with increasingly advanced technologies while they are fighting for A hypercomputatible hypercotititive market for China.
The SU7 of the Xiaomi smartphones manufacturer, which starts at around $ 30,000 and has been delivered with smart driving assistance and voice control technology, has broken the sales objectives since its launch last year.
Other manufacturers, such as startup Xpeng, deployed “defined” vehiclesWhile Zeekr and Dongfeng have already incorporated the local IA model from China Deepseek in their cars.
In order not to be outdone, Byd is committed to spending at least $ 14 billion on the construction of “smart” vehicles.
Its “God’s Eye” driving support technology will be faced with competition from Xpeng and its compatriot Startup EV Nio, which have their own autonomous driving systems.
Byd will also compete against Tesla, the American car manufacturer saying that he is trying to start selling all his autonomous technology in China this year.
The sales of the giant EV were booming before revealing its autonomous thrust. Byd sold 296,446 electric and hybrid vehicles in January, up 47% compared to the same period in 2024.
Byd’s impressive performance occurs while the warning signs seem that the Chinese VE market on the verge may be about to deal with a period of consolidation.
Chinese car manufacturers Dongfeng and Changan both announced restructuring moves on Sunday, the two companies having seen their stock market pursuing while the investors assumed that they could be about to merge.
businessinsider
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