News summary
BYD and Huawei increase investment in autonomous driving technologyhouseoffunfreespinsandcoins2020, the R & D team size reaches 4000 and 7000 respectively, striving to lead the market.
Newsletter text
[China's autonomous automobile manufacturers accelerate the pace of autonomous driving research and development]
Driven by the wave of global technological innovation, autonomous driving technology is becoming the new favorite of the automotive industry. Chinese local automakers have stepped up their research and development of intelligent and autonomous driving technologies in an attempt to take the lead in the fierce market competition.
As of the beginning of 2024, BYD has invested up to 100 billion yuan in autonomous driving and intelligent technology, and has establishedhouseoffunfreespinsandcoins2020It has a research and development team of about 4000 people. Huawei's smart car research and development scale is even larger, reaching about 7000 people. Xiaopeng Automobile and Ideal Automobile have not fallen behind and actively promoted the development of autonomous driving technology.
This move indicates that China's automobile manufacturing industry is entering a new stage in the field of autonomous driving and is expected to play a more important role in the global automobile market.