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The Chinese electric vehicle maker BYD has added a modern driver’s relief system without any extra cost for most of its models, and has raised its shares.
Chinese consumers can now experience the car maker’s “God’s Eye” driver’s help system, which costs less than 69,800 yuan (, 9,555).
The move could further strengthen a brutal, ongoing price war in the world’s largest car market, analysts said.
According to refinement data, when trading in Hong Kong began on Tuesday, Shares of BYD rose to a maximum record of 4 Than. Its shares were last trading at 330 Hong Kong dollar ($ 42).
“2025 will be the first year of intelligent driving for everyone,” said Wang Chinfu. An incident From its headquarters in Shenzhen on Monday.
Wang predicts that in the next three years, high -level intelligent driving will become an essential feature in automobiles, such as seat belts and airbags.
Earlier, the feature of the “God of God”, introduced in 2023 to assist car navigation, was only offered in byd models, which costs more than 000 30,000.
Wang, following China’s wet auto, ranked sixth in the sale of world cars, Wang told the stage that the stage said the state -related media firm, Caliyansh, cited research. According to it, it also dominated the Chinese market, of which in 2024 accounts for more than 32 % of the sale of new energy vehicles. China Traveler Car Association.
Consultancy Sino Auto Institutes founder and Managing Director To Lee “prevents the BYD’s move by helping his rivals” due to cheap prices.
Tesla, the main rival of BYD, has released similar features in the United States for a subscription fee of $ 99 a month or a time payment of 000 8,000. It looks forward to regulatory approval for the launch of trials in the Chinese market.
Lee added that when entering China, Tesla may need to re -consider her subscription strategy.
In addition to Tesla, the BYD announcement is expected to put pressure on other Chinese rivals such as Experts and Wet Auto, whose shares have fallen on Tuesday.
In Monday’s event, the company also announced its plan to connect a Chinese startup’s AI model, Deepesic, which made global headlines last month with a high -performing chat boot that Openi’s Chattigpat adds rivals to bid cars.
Byd is known for its aggressive pricing strategy. Two years ago, the prices of prices created by Tesla have become so severe that BD had asked its suppliers to provide a heavy price reduction of 10 % for the coming year at the end of last year.
