Advanced Self-Driving Push
BYD shares surged 4.5% in Hong Kong on Tuesday after announcing plans to deploy advanced autonomous driving systems across nearly all models—including budget options under $10,000—and integrate AI startup DeepSeek’s software, following peers like Geely and Great Wall Motors. As Tesla’s top rival globally, BYD’s move spurred analysts to warn of potential price wars.
Tech Specs & Pricing
The automaker will equip its “God’s Eye” autonomous system—featuring remote parking and highway navigation—in at least 21 models, including the Seagull hatchback starting at 69,800 yuan (9,550).Tesla offers similar features in its 32,000 EVs. “Autonomous driving is no longer a niche luxury—it’s a necessity,” declared BYD founder Wang Chuanfu during a Monday livestream, predicting the tech would soon become as essential as seatbelts.
AI Integration & Market Impact
DeepSeek’s partnership aims to enhance self-driving capabilities and personalize user experiences. The AI firm made waves last month with a low-cost ChatGPT rival. BYD’s stock rally follows a 20% pre-announcement surge, reflecting investor optimism.
China’s EV Battleground
In the world’s largest auto market, a prolonged EV price war intensified as 10.8 million electric/hybrid vehicles sold in 2023—up 40% year-on-year. BYD dominated with 4.2 million sales, surpassing Tesla’s revenue in Q3 2023.
