1Semana·

New "God's eye" technology: e-car manufacturer BYD invests billions in self-driving cars

BYD is fully committed to autonomous driving and is thus challenging Tesla for the electric car crown.

The Chinese car manufacturer announced on Monday that it will be expanding its "God's Eye" intelligent driving system to eleven new models.

According to BYD manager Zhang Zhuo, the 9300 euro Seagull model will also be equipped with the latest level of intelligent driving functions.

BYD is competing with Tesla for the title of the world's largest electric car manufacturer. Now the Chinese up-and-comer also wants to topple Elon Musk from the throne of self-driving cars.

On Monday, the electric giant presented a lavish expansion of its intelligent driving system. The new range of high-tech vehicles will enable it to hold its own against the relentless competition in the world's most competitive car market.

BYD wants to secure a highly competitive market

Before the event began, BYD executive Zhang Zhuo said the company would launch eleven new models featuring BYD's "God's Eye" self-driving technology for its Ocean brand. The ultra-cheap BYD Seagull model, currently starts at 69,800 yuan (around 9300 euros) in China and will also get the "high quality" and intelligent driving function. Zhuo wrote this in a post on the Chinese social media website Weibo.

The general manager of BYD, Lu Tian, said that they are fully upgrading the company's six main brands - named after Chinese imperial dynasties - with the new technology one by one.

The reason for BYD's move into autonomous driving is that Chinese car manufacturers are increasingly focusing on smart electric vehicles and equipping their cars with ever more advanced technologies. In this way, they want to secure a share of the highly competitive Chinese market for electric vehicles.

The SU7 from smartphone manufacturer Xiaomi currently costs 30,000 US dollars (equivalent to around 29,000 euros) and features an intelligent driving assistant and voice control. With this market launch, Xiaomi has exceeded its sales figures from last year.

https://www.businessinsider.de/wirtschaft/gottesauge-byd-investiert-milliarden-in-selbstfahrende-autos/

www.businessinsider.de„Gottesauge“: BYD investiert Milliarden in selbstfahrende Autos

23 Comentarios

~ S.@Semos25

1Semana

Do you invest in $1211?

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Tenbagger2024@Tenbagger2024

1Semana

@Semos25
Hello my dear Semra.
As China is too politically risky for me, I don't invest in China. But otherwise I see BYD far ahead. And as a very big competitor for Tesla and VW. Because BYD's price-performance ratio is very good.

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~ S.@Semos25

1Semana

@Tenbagger2024 Yes, the risk exists. Nevertheless, I have invested in BYD. I see a lot of potential in the long term. If, of course, nothing comes up

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GeldGenie@GeldGenie

1Semana

@Tenbagger2024 What exactly do you mean by "politically too risky"? 👍

China, like all or most economies, is also growth-oriented. I don't think the means, e.g. the incentive to consume certain products, are bad and very specific.

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Tenbagger2024@Tenbagger2024

1Semana

@GeldGenie
Yes, I agree with you, the risk is minimal. But you also saw how quickly the Alibaba founder disappeared from the scene. And that CEOs who don't conform to the government's way of thinking are replaced. The government also regulates a lot and quickly. As was the case with gaming, for example, which was only allowed at certain times. Compared to Germany, the government also makes the flagship companies really big with subsidies etc., which is of course good for investors. which is of course good for investors. Without the government, BYD would not have got this far.
But somehow it just doesn't correspond to my values, human rights are not respected and repression and surveillance are the order of the day.
Of course we can start a discussion now, and I know that all that glitters is not gold in Western countries either.

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Sandy the Squirrel@Esperanza

1Semana

@Tenbagger2024 Yes, human rights is also a discussion. But you don't say that the USA supplies so many weapons and displaces so many people in the Middle East that you don't invest in the USA. I definitely see the economic oppression of the Chinese government as a risk, but morals and values could be discussed differently. I think the USA is worse at the moment

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Tenbagger2024@Tenbagger2024

1Semana

@Esperanza
Thank you my dear, unfortunately the USA is developing more and more into an autocracy.
And here, too, some people are being deported. And the richest person in the world has the power to dismiss state employees.
Unfortunately, the whole world is becoming more and more negative.

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Sandy the Squirrel@Esperanza

1Semana

@Tenbagger2024 Yes, I think that's so bad. It's like that in many places. Everywhere people propagate that foreigners or something else is the problem (populism and blaming a single group of people), but what is the problem is a divided society and extreme opinions. The world has finally become the way I don't want to see it. I hope there is still a little humanity left somewhere and it saves us from the end of the world

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Tenbagger2024@Tenbagger2024

1Semana

@Esperanza
Yes, well, the term "foreigner" is kind of bad. Are they people from Mars or the moon? No, they are just as much earthlings as you and me. I would perhaps rather divide people into good and bad. And unfortunately, there are more and more bad people.
Wars are not getting less, and the negative characteristics that were once supposed to ensure our survival as hunters and gatherers are now rather inappropriate. But unfortunately they are becoming more and more prevalent.
I think the problems on earth are now so big that we can only solve them together. And this is where division is counterproductive.

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Sandy the Squirrel@Esperanza

1Semana

@Tenbagger2024 I agree with that 💯. I think at least the getquin community is still cohesive... I also hope the world works together more than marginalizing countries or certain groups of people... Hope it won't crash so badly and that we survive it...

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Tenbagger2024@Tenbagger2024

1Semana

@Esperanza
Yes, my dear. But every now and then there is also exclusion and less nice comments. But fortunately rarely.
Excluding groups of people should not happen. That applies to guests and hosts. Unfortunately, as a host I often feel alienated and discriminated against in my own country. That's why I wish that our guests (we might call them foreigners) would behave like guests. I realize that many of them come from other cultures and have had to experience bad things. But it still doesn't justify some of the bad behavior. We have to find each other

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