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BYD Offers Financial Guarantee for Autonomous Parking System

BYD Offers Financial Guarantee for Autonomous Parking System

by Tekmono Editorial Team
21/07/2025
in News
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BYD, the Chinese electric vehicle giant, has made a groundbreaking move in the autonomous driving sector by offering a public financial guarantee for its autonomous parking system, challenging the prevailing industry model.

The company announced its guarantee via the social media platform Weibo, stating, “We are first in the world to propose a guarantee for autonomous parking. Our move reflects absolute confidence in God’s Eye ADAS.” Under this guarantee, BYD commits to covering all damages resulting from malfunctions of its autonomous parking system, including those caused by algorithmic failures. This comprehensive coverage extends to repair costs, third-party property damage, and compensation for personal injury.

This initiative starkly contrasts with Tesla’s Full Self-Driving (FSD) system, which, despite its name, is still marketed as a beta feature and requires full driver supervision. Tesla explicitly informs users that they, not the company, bear legal responsibility for any incidents on the road. BYD’s guarantee effectively shifts this liability from the user back to the manufacturer, a significant departure from the industry norm and a potential benchmark for corporate accountability in consumer-grade autonomous technology.

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The guarantee is being implemented through an over-the-air (OTA) software update, dubbed “God’s Eye B.” This update aims to enhance various functionalities, including scene recognition, active safety, and precision parking across diverse conditions. New features in the update include three-speed parking, U-turn assistance, and bypass maneuvers, all designed to improve the system’s overall performance and reliability.

BYD’s pledge represents a potential real-world test of liability shifting in autonomous driving. For years, regulatory bodies and safety advocates have expressed concerns about the rapid deployment of autonomous features without clear definitions of responsibility when errors occur. BYD’s move could put immense pressure on competitors, including major players like Tesla, Mercedes-Benz, and GM, to offer similar guarantees to avoid being perceived as less accountable or evasive to consumers.

Currently, BYD’s guarantee is limited to the Chinese market. However, with the company’s aggressive international expansion into regions such as Europe and Latin America, a critical question arises regarding its potential extension to Western markets. Should BYD introduce this liability pledge globally, it could compel U.S. and European regulators to reassess their frameworks for self-driving technology. Such a move would underscore BYD’s confidence in its AI capabilities and challenge the established liability models prevalent in the automotive industry.

In essence, BYD is attempting to redefine the rules of accountability in the context of AI-driven vehicles. By offering a financial promise rather than relying on waivers, the company is not only demonstrating conviction in its technology but also aiming to build a deeper level of trust with consumers, a radical approach in an industry largely operating on a “use at your own risk” premise for autonomous features.

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