BYD Raises Prices for Driver-Assist Systems as Memory Costs Surge

BYD Raises Prices for Driver-Assist Systems as Memory Costs Surge

The Chinese electric vehicle manufacturer announced that it will be increasing the price of its lidar driver-assistance system package on several models, citing a surge in global memory storage costs. Effective May 1, the price of the “God’s Eye” smart driving system will rise from CNY 9,900 ($1,448) to CNY 12,000 ($1,755) on certain vehicles, according to the company based in Shenzhen. Rising costs for automotive-grade memory are a major factor…

BYD raises price for smart driving system amid hardware cost surge

BYD is raising the option price for its God's Eye B smart driving system by over 20%, citing a sharp surge in global storage hardware costs. For details, please visit CnEVPost.