Honda steers in new direction with its surprising plan to update future vehicles: ‘[Will] create flexibility’

Reuters

China’s BYD cuts entry price for smart EVs to below $10,000

BEIJING/SHANGHAI (Reuters) -China’s BYD on Monday started offering advanced autonomous driving features on most of its models including ones priced as low as $9,555, far undercutting competitors such as Tesla in a move analysts say is set to start a new price war. The electric vehicle giant has equipped all of its BYD-branded models priced above 100,000 yuan ($13,688) with the company’s proprietary “God’s Eye” advanced driver-assistance system, BYD founder Wang Chuanfu told an event livestreamed from Shenzhen. It has also installed the system in three models priced below 100,000 yuan, the cheapest being the Seagull priced from 69,800 yuan.