China's BYD targets zero crashes with 'God's Eye' driver-assist and pledges crash-cost coverage
According to SCMP, BYD — the world's largest electric vehicle maker — is targeting zero traffic accidents with its self-developed 'God's Eye' driver-assistance system. The company has put the system's price at 12,000 yuan (about US$1,770) and pledged to cover any crash costs while the car operates in hands-off mode.
According to the South China Morning Post, BYD's founder and chairman Wang Chuanfu told a press conference in Shenzhen that the company's 'God's Eye' advanced driver-assistance system would be priced at 12,000 yuan (about US$1,770) and used in next-generation cars made affordable for mass consumers. The company pledged to cover any crash costs while the system is in hands-off mode.
BYD's announcement marks a new phase in the deepening competition over advanced driver-assistance systems (ADAS) in China's electric-vehicle market. According to SCMP, Wang positioned the zero-traffic-accident target as a 'phased vision' and said the company's technical roadmap envisions further sensor-module integration.
How regulators will evaluate the scope of these commitments will depend on the calendar for updates to China's vehicle-safety legislation this year. All statements are attributed to the BYD press conference and SCMP reporting. This article is not investment advice.
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