US EditionWhy China's Auto, Tech Giants Threaten Tesla's Self-Driving Future
- Chinese automaker BYD, leading the domestic market in 2024, sold 4.2 million vehicles and offered its 'God's Eye' driver-assistance package for free to challenge Tesla's autonomous driving lead.
- BYD's scale, technical innovation, and low-cost supply chain enabled a 10% price cut demand from suppliers starting January 1 amid China’s fierce EV competition and regulatory scrutiny.
- BYD's 'God's Eye' integrates cameras, radar, and lidar sensors costing 40% less in China and performs comparably or better than Tesla's Full Self-Driving, which uses only cameras and AI.
- BYD investor Taylor Ogan, who has experience with both Tesla and BYD vehicles, remarked that BYD's God’s Eye system poses a serious challenge to Tesla’s approach, emphasizing BYD’s sustained lead in market share and its strong data collection advantage in Shenzhen, a Chinese metropolis of 18 million residents.
- Tesla faces falling sales and rising pressure in China due to subsidized rivals, regulatory limits on data use, and an aggressive push from Chinese firms backed by government support for autonomous driving technology.
12 Articles
12 Articles
Investing.com
The Economic TimesWhy China's auto, tech giants threaten Tesla's self-driving future
Why China’s car and tech giants threaten Tesla’s self-driving future
Chinese electric vehicle makers led by BYD beat Tesla in the competition to produce affordable EVs. Today many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
Spat between BYD and Great Wall Motor intensifies as Geely, GAC join the battle · TechNode
A senior executive at China’s Geely showed his support for Great Wall Motor after the company publicly accused BYD of violating national emission standards, in a surprise move that puts BYD under further pressure amid allegations that it abused its leading market position. “Regarding the well-known allegation that [BYD] used non-pressurized fuel tanks and failed to meet emission standards [with its gas-electric hybrids], people in the industry a…
Bangkok Post
BizTocWhy China's auto, tech giants threaten Tesla’s self-driving future
AUSTIN — Chinese electric-vehicle makers led by BYD (Build Your Dreams) beat Tesla in the competition to produce affordable electric vehicles (EVs). Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.
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