Reported about 12 hours ago
BYD Co. has initiated a new price war in China's electric vehicle market by offering its advanced driver-assistance system, known as God’s Eye, at no additional cost for many of its models starting at 100,000 yuan ($13,700). This move is seen as a clever strategy to enhance its competitive edge over rivals like Tesla while making sophisticated driving features more accessible to consumers. As a result, BYD’s stock surged to a record high, reflecting the market’s optimistic outlook regarding the company’s position in the EV industry.
Source: YAHOO