Will the future mean dramatically lower car insurance…
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Will the future mean dramatically lower car insurance costs? BYD says its new Xuanji A3 chip will enable Level 4 self-driving & the company will take full financial responsibility for any accidents the cars cause.
*"Currently, BYD believes that its intelligent driving capabilities will comprehensively surpass human driving capabilities on the way toward zero accidents. Not only is BYD rolling out intelligent driving to their cars, but also to buses and commercial vehicles."*
EU & US carmakers are staring down the barrel of a gun. China has leapfrogged them on electric car manufacturing and perhaps may soon do the same when it comes to self-driving cars. They should be worried. When it comes to manufacturing, millions of jobs depend on making cars. We should all be worried when it comes to self-driving. Tens of millions of jobs rely on driving vehicles.
Will the upsides make it all worthwhile? Not only are electric vehicles cheaper to make and fuel, but they may be cheaper to insure, too, when they have self-driving features. In the Western world, there are vast swathes of people whose lives are constrained by their lack of access to transport. Particularly if you are poor, if you live in a rural area, if you are disabled, and if you are very young and just starting out driving (Try getting car insurance quotes as an 18-year-old these days, and you're looking at a quick way to go broke.)
Some people may react to BYD's announcement with disbelief or dismissal. However, they have very quickly come to be one of the world's leading car makers. And they've never yet let anyone down with any of their projections or promises.
BYD Technology Strategy Highlights Hardware With China’s First 4nm Intelligent Driving Chip https://cleantechnica.com/2026/05/29/byd-technology-strategy-highlights-hardware/ ?
#technology
*"Currently, BYD believes that its intelligent driving capabilities will comprehensively surpass human driving capabilities on the way toward zero accidents. Not only is BYD rolling out intelligent driving to their cars, but also to buses and commercial vehicles."*
EU & US carmakers are staring down the barrel of a gun. China has leapfrogged them on electric car manufacturing and perhaps may soon do the same when it comes to self-driving cars. They should be worried. When it comes to manufacturing, millions of jobs depend on making cars. We should all be worried when it comes to self-driving. Tens of millions of jobs rely on driving vehicles.
Will the upsides make it all worthwhile? Not only are electric vehicles cheaper to make and fuel, but they may be cheaper to insure, too, when they have self-driving features. In the Western world, there are vast swathes of people whose lives are constrained by their lack of access to transport. Particularly if you are poor, if you live in a rural area, if you are disabled, and if you are very young and just starting out driving (Try getting car insurance quotes as an 18-year-old these days, and you're looking at a quick way to go broke.)
Some people may react to BYD's announcement with disbelief or dismissal. However, they have very quickly come to be one of the world's leading car makers. And they've never yet let anyone down with any of their projections or promises.
BYD Technology Strategy Highlights Hardware With China’s First 4nm Intelligent Driving Chip https://cleantechnica.com/2026/05/29/byd-technology-strategy-highlights-hardware/ ?
#technology
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