What is the highlight of BYD’s ＂Eye of God＂ to open a new chapter in intelligent driving？
What is the highlight of BYD’s Eye of God? BYD’s recent daily limit has aroused widespread concern, not only because it is rare, but also because it may mark a new chapter in the domestic automobile industry competition.
The direct reason for the stock price increase is that BYD plans to release the "Eye of God" system on February 10th. This system is a high-order intelligent driving system independently developed by BYD, which is similar to Huawei HarmonyOS Zhijia and Tesla FSD, and can provide vehicles with the ability to judge and drive independently. More importantly, it is revealed that BYD may carry this system on all its models, including seagulls, dolphins and other low-priced models. This practice shows BYD’s keen sense of smell in the market competition, which indicates that the domestic automobile industry may soon enter the era of "smart driving and equal rights", and intelligent driving technology will be popularized to vehicles with lower prices.
Affected by this news, smart car ETFs and new energy vehicle ETFs also ushered in a surge. This is similar to the current development trend of AI technology. The original high technical threshold is gradually lowered, and AI technology will be widely used in more fields in the future.
In the past two years, the global automobile industry has faced many challenges, and the price war has become increasingly fierce, and some domestic and foreign automobile companies have been in trouble. For example, Honda and Nissan once reported the merger, but recently announced that they would abandon the merger plan; German Volkswagen’s sales in China dropped significantly. In contrast, China automobile enterprises have gained obvious advantages through the development of new energy vehicles. From a national perspective, foreign traditional car companies are shrinking strategically, while China car companies are striving for greater market share in the process of survival of the fittest. In the future, AI empowerment may become one of the key factors for winning.