BYD Pegs Tesla as an Ally in the Fight Against the Gas Engine as It's Ready to Share EV Technology
BYD is willing to share its electric vehicle (EV) and autonomous driving technologies with key rivals like Tesla, as long as that helps advance the self-driving electric vehicle cause. It started by giving away its Tesla FSD equivalent for free. BYD, which became the world's largest electric vehicle maker last quarter at the expense of Tesla, said that it is ready to share technology if that will help to advance the industry as a whole.
- The willingness of BYD to share its EV and autonomous driving technologies with Tesla marks a significant shift in the competitive landscape of the electric vehicle industry, where cooperation and collaboration are becoming increasingly important for driving innovation.
- Will this newfound cooperation between BYD and Tesla lead to a reduction in prices for consumers, or will it instead concentrate on improving the performance and capabilities of these vehicles?