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<Research>CLSA: BYD Launches New Intelligent Driving Solution and In-house Chip; Rating High-Conviction Outperform Kept
Recommend
31
Positive
54
Negative
20
BYD COMPANY (01211.HK) launched a new-generation intelligent driving solution equipped with "God's Eye 5.0" and a brand-new autonomous driving framework, CLSA said in its report.

Among the many technical details disclosed by BYD, two aspects surprised the market, including providing an unlimited city ADAS driving insurance coverage for all models equipped with "God's Eye 5.0", and the launch of its self-developed "Xuanji A3" chip.

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The broker viewed the new intelligent driving solution further highlights BYD's leading technological capabilities and will help drive a recovery in the company's sales in 2H26.

The broker maintained its target price at HKD130 and reiterated its High-Conviction Outperform rating.
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