Reported 2 days ago
Chinese electric vehicle manufacturers like BYD are not only leading in affordable EV production but are also becoming significant competitors in the self-driving car market. BYD's free 'God’s Eye' driver-assistance system has raised concerns for Tesla as its unique technology approach relies heavily on cameras, while competitor systems integrate various sensors at lower costs. As Tesla's sales decline amid a fierce price war in China, it faces increasing challenges from local brands, backed by government support and rapidly advancing technology, which threaten the company's future in the autonomous driving sector.
Source: YAHOO