BYD expands assisted driving with new chips and services
The Chinese EV maker is offering to cover accident costs for drivers using its Gods Eye system to build consumer trust amid slowing domestic demand. BYD also unveiled a 4-nanometer chip supporting advanced autonomous functions as it competes with Tesla and local rivals.
BYD CO LTD-H launched new service packages on May 28 to boost adoption of its "God's Eye" assisted-driving system. The world's largest EV maker is offering full accident compensation to build consumer trust as domestic demand slows. This push into intelligent driving aims to defend margins after BYD's steepest quarterly profit decline since 2020.
### BYD Guarantees Safety to Drive Adoption China's leading automaker pledged to cover all repairs and compensation for accidents occurring while drivers use its City Navigation function. This guarantee will not impact the driver's insurance premiums the following year. Chairman Wang Chuanfu stated the goal is to reach zero traffic accidents through these AI-enhanced systems.
