China's BYD to raise price of assistant driving system due to rising global memory hardware costs

China’s BYD (1211) will raise the price of its ‘God’s Eye B’ lidar-based assistant driving system add-on for its electric vehicles from May 1 to 12,000 yuan (HK$13,759.89) from 9,000, it said in a statement on Tuesday.

The price hike is due to “a sharp rise in global memory hardware costs,” the company said.

Reuters

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