Warren Buffett-Backed BYD Join Forces With Huawei For Advanced Autonomous Driving In Off-Road EVs

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Warren Buffett-backed Chinese electric vehicle (EV) manufacturer, BYD (OTC:BYDDY) (OTC:BYDDF), has teamed up with technology powerhouse Huawei to integrate the latter’s sophisticated autonomous driving system into BYD’s off-road “Fangchengbao” EVs.

The Bao 8 SUV, a member of the “Fangchengbao” lineup, will be the inaugural BYD model to incorporate this technology and is expected to be available later this year, Reuters reported on Tuesday.

BYD aims to elevate and increase the sales of its premium brands, including “Denza,” “Fangchengbao,” and “Yangwang,” which only represented 5% of its total ...

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Category: Technology

Markets: United StatesChina

Topics: Autonomous Driving Mobility BYDDF Stories That Matter Pooja Rajkumari General Huawei BYDDY Tech Benzinga EVs News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 09:54:01 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © Benzinga

News ID: 22278491

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