BYD (01211.HK) (002594.SZ) ANNOUNCED IT WILL ACCELERATE THE ADVANCEMENT OF AUTONOMOUS RESEARCH AND DEVELOPMENT OF SMART DRIVING TECHNOLOGY AND PLANS TO EXTEND BASIC SMART DRIVING CAPABILITIES TO ENTRY-LEVEL MODELS. BYADY RECRUITED EMPLOYEES ACROSS THE GROUP TO STRENGTHEN ITS SELF-DRIVING DIVISION, DEMONSTRATING THE GROUP'S HIGH EMPHASIS ON THE DEVELOPMENT OF SMART DRIVING TECHNOLOGY.

To increase BYD's competitiveness in the field of smart driving and meet consumers' demand for intelligent travel, BYD said it aims to apply high-end smart driving capabilities to RMB 0.1 million models next year, starting with Tense and Aspiring brands.