17:38 - 11.02.2025

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February 11, Fineko/abc.az. Shares of Chinese electric car manufacturer BYD have reached an all-time high on the company's plans to introduce driver assistance features.

ABC.AZ informs, citing Bloomberg, that shares of BYD listed on the Hong Kong Stock Exchange jumped 4.5% on Tuesday, to 345 Hong Kong dollars, before falling.

Since the beginning of 2025, BYD's shares have already grown by 20%, while Tesla's securities, a key competitor of the Chinese concern, showed an increase of 13%.

According to the company, BYD will make its driver assistance system God's Eye as standard for vehicles priced from 100,000 yuans ($13,684) in China and include it in several low-cost models such as popular hatchback Seagull.

Analysts expect the move to further increase competition in the Chinese electric vehicle market, which is already the largest in the world and where the Shenzhen-based firm is a leader.

BYD plans to deliver between 5 and 6 million electric vehicles and hybrids in 2025, up from 4.27 million in 2024.