BYD's Free Self-Driving Tech Shakes Up the EV Industry

BYD, China's largest carmaker, has disrupted the electric vehicle market by offering its cutting-edge "God's Eye" advanced driver-assistance system (ADAS) for free on all its models, including its cheapest. This move democratizes autonomous driving technology, potentially sparking a price war and significantly impacting rivals like Tesla. BYD's undercutting of competitors, particularly in the Chinese market, and its potential impact on European sales are noteworthy. Tesla's stock price dropped following the announcement, while BYD's surged.