Intelligent Driving Leap Proprietary Chip and Urban NoA Financial Guarantee

Deutsche Bank maintains a 'Buy' rating on BYD following the announcement of its proprietary 4nm 'Xuanji A3' autonomous driving chip and a first-of-its-kind financial loss guarantee for urban navigation autopilot accidents.

Key Takeaways

• 1.BYD unveiled its proprietary 4-nanometer autonomous driving chip, 'Xuanji A3', which supports Level 3 and Level 4 autonomous driving with up to 2,100 TOPS of computing power.
• 2.The company introduced an autonomous driving financial guarantee, committing to cover all accident-related losses (repair, property, injury) during City Navigation on Autopilot (CNOA) activation for the first year of ownership.
• 3.BYD's 'Godeye' intelligent driving solution is undergoing significant upgrades in architecture, sensors, algorithms, and data processing to achieve ultra-low system latency.

Table of Contents

• Proprietary Chip Development: BYD's Xuanji A3 Bolsters Intelligent Vehicle Ambitions
• Redefining BYD's "Godeye" Intelligent Driving Capabilities via Major Upgrades
• Valuation & Risks
• Introduces Specialized Platform for Level 3 / Level 4 Autonomous Driving, Featuring Enhanced Perception and Extensive Redundancy
• BYD Introduces Autonomous Driving Guarantees for Urban NoA
• Appendix 1
• Important Disclosures
• Analyst Certification
• Additional Information

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial