South China Morning Post
China’s electric vehicle (EV) makers could introduce a lidar sensor-based intelligent driving system in models priced as low as 60,000 yuan (US$8,795) this year, reflecting intensifying competition and falling costs, according to AI-driven tech firm Robosense. This price point is the lowest for models on sale in China’s market, excluding mini vehicles sold for less than 50,000 yuan, indicating fierce competition among Chinese carmakers amid the phasing out of policy incentives. Notably, light...
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