Chinese EV maker BYD is offering full coverage for its self‑parking feature

Source Cryptopolitan

BYD, the Chinese electric‑vehicle maker, is offering full coverage for its self‑parking feature. If it fails, even due to a software glitch, BYD will cover the repair costs, pay for any property damage, and take care of injury claims.

BYD posted the pledge on Weibo, saying it fully trusts its God’s Eye ADAS. No other automaker has ever made a promise like this.

BYD’s assurance may reshape how carmakers handle responsibility for self‑driving features.

It stands in stark contrast to Tesla’s Full Self‑Driving (FSD) software. Although FSD suggests full autonomy, Tesla markets it as a beta tool that still requires drivers to keep their hands on the wheel and watch the road. The electric carmaker reminds users repeatedly that they, not the company, bear legal liability if anything goes wrong.

Instead of just rolling out new features, BYD says you’ll have real legal options if it breaks—something almost no other consumer self‑driving system offers. With this commitment, BYD aims to build a foundation of legal and financial trust.

Regulators and safety experts have long cautioned that automakers are rolling out self‑driving tools before sorting out how to assign fault when systems fail. For years, policymakers and consumer groups have argued that safety standards have lagged behind the rapid rollout of autonomous aids.

BYD’s offering could become the first practical example of shifting responsibility away from drivers and onto the manufacturer. The decision may send ripples through the industry. If one automaker is ready to back Level 4‑style parking with real money, others may face pressure to follow suit or risk looking irresponsible.

BYD’s global expansion could reshape industry rules

At present, BYD’s coverage promise applies solely within China. Yet with the brand growing rapidly across Western and Latin American markets, many wonder whether the pledge will follow overseas.

The question of international rollout comes as BYD challenges industry norms at home. Its rapid gains in overseas EV sales underscore the pressure it could place on Western markets.

If BYD extends the promise to markets in the U.S. and EU, regulators there may have to rethink rules for autonomous systems. It could also push global rivals, such as Tesla, Mercedes‑Benz, and GM, to match BYD’s level of accountability or face criticism from buyers.

If one carmaker backs AI mistakes with its own money, why can’t the rest?

BYD’s latest commitment could change who answers for mistakes when AI takes the wheel. In a field where most brands treat autonomous features as something buyers must use at their own risk, this promise is both unusual and daring—and it puts BYD’s own capital on the line to earn consumer trust.

BYD doesn’t make drivers sign any waivers or legal disclaimers. Instead, it puts its money where its mouth is, using its own funds to prove it believes in the technology. This approach could mark a turning point in the race for safer, more reliable self‑driving systems.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Stellar Price Forecast: XLM eyes triangle breakout rally amid PayPal’s stablecoin integration buzzStellar (XLM) ticks higher by nearly 1% at press time on Friday, adding minor gains to the 5% surge from Sunday. Stellar nears the resistance trendline of a descending triangle pattern after bouncing off its support floor on Wednesday, accounting for a near 12% surge. 
Author  FXStreet
7 Month 07 Day Mon
Stellar (XLM) ticks higher by nearly 1% at press time on Friday, adding minor gains to the 5% surge from Sunday. Stellar nears the resistance trendline of a descending triangle pattern after bouncing off its support floor on Wednesday, accounting for a near 12% surge. 
placeholder
Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRPRipple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
Author  NewsBTC
7 Month 14 Day Mon
Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
placeholder
Fartcoin, SPX6900 Price Prediction: Meme coins eye further gains amid record-high Open InterestsThe Solana-based meme coin market capitalization has jumped 6% over the last 24 hours, reaching $14.64 billion, leading the broader cryptocurrency market's recovery. Fartcoin (FARTCOIN) and SPX6900 (SPX), which edged lower after double-digit gains on Wednesday, are among the top performers.
Author  FXStreet
7 Month 17 Day Thu
The Solana-based meme coin market capitalization has jumped 6% over the last 24 hours, reaching $14.64 billion, leading the broader cryptocurrency market's recovery. Fartcoin (FARTCOIN) and SPX6900 (SPX), which edged lower after double-digit gains on Wednesday, are among the top performers.
placeholder
Ethereum Road To $10,000: Replay Of May’s Playbook Predicts Another BreakoutAfter beating the resistance mounted at the $3,000 by bears for months now, the Ethereum price looks primed for a further breakout. Expectations currently are that the Ethereum price rally will
Author  NewsBTC
7 Month 18 Day Fri
After beating the resistance mounted at the $3,000 by bears for months now, the Ethereum price looks primed for a further breakout. Expectations currently are that the Ethereum price rally will
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC nears all-time high, ETH eyes $4,000, XRP sets new recordBitcoin (BTC) price is trading above $120,000 on Friday, inching closer to its all-time high of $123,218. Ethereum (ETH) price has surged by over 20% so far this week, with bulls aiming for the $4,000 level next.
Author  FXStreet
7 Month 18 Day Fri
Bitcoin (BTC) price is trading above $120,000 on Friday, inching closer to its all-time high of $123,218. Ethereum (ETH) price has surged by over 20% so far this week, with bulls aiming for the $4,000 level next.
goTop
quote