CX Daily: How BYD Lowered the Bar for Buying a Smart Car in China
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In Depth: How BYD lowered the bar for buying a smart car in China
In early 2023, BYD Co. Ltd. Chairman and CEO Wang Chuanfu called autonomous driving “hokum,” making it something of a surprise when the Chinese automaker on Feb. 10 launched 21 budget models fitted with its God’s Eye intelligent driving system.
The sticker price of these models ranges from 70,000 yuan ($9,650) and 200,000 yuan — at the bottom end of what it costs to buy a vehicle with autonomous driving capabilities in China.
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