GUANGZHOU -- Chinese electric vehicle maker BYD plans to invest 100 billion yuan ($13.8 billion) in areas related to autonomous driving, Chairman Wang Chuanfu said at a recent shareholders meeting, as the technology becomes standard in more vehicles in China.
Electric vehicles
China EV leader BYD to invest $14bn in self-driving tech
Automaker looks to bring advanced functions to affordable models
While BYD has seen brisk sales of affordable EVs, most do not have advanced self-driving and other functions. © Reuters
Read Next
_2048x1152.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
Latest on Electric vehicles
