BYD decreases the price of its smart electric vehicles to compete with Tesla
China’s BYD began selling advanced autonomous driving features on most of its models on Monday, including those priced at $9,555, significantly less than competitors like as Tesla, in a move analysts predict would spark a new price war.
The electric vehicle manufacturer has equipped all of its BYD-branded models priced above 100,000 yuan ($13,688) with the company’s patented «God’s Eye» sophisticated driver assistance technology, according to BYD founder Wang Chuanfu during a live broadcast from Shenzhen.
China’s BYD began selling advanced autonomous driving features on most of its models on Monday, including those priced at $9,555, significantly less than those from competitors such as Tesla, in a move analysts predict would spark a new price war.
The electric vehicle manufacturer has equipped all of its BYD-branded models priced above 100,000 yuan ($13,688) with the company’s patented «God’s Eye» sophisticated driver assistance technology, according to BYD founder Wang Chuanfu during a live broadcast from Shenzhen.
