BYD just delivered another blow to Tesla. The companys new self-driving package just dropped with a price tag that basically embarrasses Teslas driver-assistance service. The Chinese EV giant announced a new service package dubbed Gods Eye, with chairman Wang Chuanfu claiming BYDs first goal is to achieve zero traffic accidents.

In a recent press conference, he announced that BYD will fully cover compensation and repairs for accidents that happen while drivers are using its City Navigation function, without affecting the users insurance premiums the following year.

　　BYD is confident in its self-driving tech

BYDs new coverage applies to its Gods Eye A/B systems. So new owners get coverage right from delivery, while existing owners will gain access after updating to the new Gods Eye 5.0 over the air. The policy seems to cover at-fault accidents, including repairs to the owners vehicle, third-party property damage, and personal injury, as long as the system is used according to regulations.

Recommended Videos There is also no extra intelligent driving insurance purchase, no payout cap, and no hit to next-year commercial insurance premiums. BYD is confident in the tech, showcasing its bold trust with this commitment. Assisted driving still requires drivers to pay attention, and BYD is not magically removing responsibility from the human behind the wheel.

　　Pricing is where things get real spicy

The real headline here is the cost. BYD is letting users upgrade to Gods Eye B for 12,000 Yuan, which is about $1,770. In China, Teslas comparable assisted-driving package has been rebranded as Tesla Assisted Driving and is priced at 64,000 Yuan, or about $9,400, with no subscription option. This basically makes BYDs upgrade roughly one-fifth of Teslas China-market price.

For context, Teslas US pricing has changed a lot too. The company currently lists FSD (Supervised) at $99 per month, requiring drivers to stay attentive. And now, Tesla has moved FSD to a subscription-only model for new buyers. Before that, US buyers could purchase FSD outright for $8,000, after Tesla cut the price down from $12,000 in 2024.

So no matter how you dress it, BYD is undercutting Tesla by a huge margin. It is making smart driving cheaper and more accessible. The added commitment just goes to show how its willing to build trust as well.