BYD has expanded its lead over Tesla in AI-powered driving technology, unveiling its "Eyes of God" system for mass-market vehicles. The system enables self-parking and city road cruising with minimal driver intervention and will be included in all BYD models. BYD founder Wang Chuanfu emphasized the company's advantage in collecting data for AI training. AI-driven autonomous driving technology is advancing rapidly in China, with companies like XPeng, Li Auto, and Huawei introducing sophisticated driver-assistance systems. BYD’s stock jumped 17% over two days last week ahead of Monday’s announcement.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02BYD has expanded its lead over Tesla in AI-powered driving technology,
00:06unveiling its Eyes of God system for mass-market vehicles.
00:09The system enables self-parking and city road cruising with minimal driver intervention
00:14and will be included in all BYD models. BYD founder Wang Chuanfu
00:19emphasized the company's advantage in collecting data for AI training.
00:23AI-driven autonomous driving technology is advancing rapidly in China,
00:27with companies like XPeng, Li Auto and Huawei introducing sophisticated driver assistance
00:32systems. BYD's stock jumped 17% over two days last week ahead of Monday's announcement.