00:00What's going on market?
00:07Let's go to Mancanegara news.
00:09There's a Chinese automotive company, BYD,
00:11which offers advanced autonomous driving features
00:14to most of its models, including those priced at
00:17US$9,555 or around 156 million rupiah.
00:23This step makes BYD far superior to its rivals,
00:26such as Tesla,
00:27and is predicted to start a new price war in the electric vehicle industry.
00:36Chinese automotive company, BYD,
00:38which offers advanced autonomous driving features
00:41to most of its models, including those priced at
00:43US$9,555 or around 156 million rupiah.
00:49This step makes BYD far superior to its rivals,
00:52such as Tesla,
00:53and is predicted to start a new price war in the electric vehicle industry.
00:57This was announced by BYD founder, Wang Chongfu.
01:01In addition, BYD also installed the system on three models
01:04priced below 100,000 yuan,
01:06with the cheapest model, Seagull,
01:08priced from 69,800 yuan.
01:11As a comparison, Tesla has just offered a similar feature
01:14in China on its electric vehicle,
01:16which is priced from US$32,000.
01:20Several other Chinese EVs, such as X-Peng,
01:23with the Mona and Leap models,
01:25which are partnered with Stellantis,
01:28have launched smart EVs at affordable prices.
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