BYD Assumes Full Financial Liability for Self-Driving Crashes
TL;DR. BYD now offers full damage coverage for crashes occurring while using its Urban Navigate on Autopilot feature in China, signaling strong confidence in its AI technology. - The guarantee covers economic losses from at-fault accidents for one year in compliance with regulations. - Coverage includes repairs, third-party property damage, and personal injury costs with no payout cap. - The initiative contrasts with ongoing legal challenges faced by other autonomous driving developers.
- BYD offers full damage coverage for crashes using its Urban Navigate on Autopilot.
- The guarantee is for one year, covers all economic losses, and has no payout cap.
- This move demonstrates BYD's confidence in its AI-powered autonomous driving system.
Sources
- BYD is assuming financial liability if you crash while using its self-driving tech — engadget.com
- gizmodo.com — gizmodo.com