Regarding the stock market, BYD opened slightly high and closed at 250.51 yuan/share with a 0.2% decrease on April 11th. In the short term, the release of the "Cloud Chariot" system did not have a significant impact on the stock price of BYD.
"Cloud Chariot" fills the technological gap domestically and surpasses foreign technological levels. Its name originates from ancient royal carriages mentioned in "The Book of Wei". This intelligent car body control system is specially designed for new energy vehicles and is another core technology released by BYD following Blade Batteries, CTB, E-Platform, and more.
The "Cloud Chariot" intelligent car body control system is fully independently researched and developed by BYD, and the product matrix includes "Cloud Chariot-A", "Cloud Chariot-C", and "Cloud Chariot-P". Based on traditional chassis, suspension, and car body control technology, the "Cloud Chariot" integrates new car body control technology such as advanced driver assistance and environmental perception to improve the vehicle's overall quality in terms of safety, comfort, operation, and off-road capabilities.
BYD Chairman Wang Chuanfu introduced that "Cloud Chariot" is the first car body system to systematically solve the vehicle control problem in a vertical direction, enabling the vehicle to maintain comfort and handling even in complex road conditions by sensing the states of people, cars, and roads in real-time. With the innovation and upgrading of "Cloud Chariot" technology, the overall safety performance of BYD vehicles has also significantly improved, even in extreme situations where a tire falls off, the vehicle can still operate smoothly.
According to BYD, the "Cloud Chariot" system will become the industry's first new energy exclusive intelligent car body control system, filling the domestic technological gap in this area and achieving a breakthrough from 0 to 1. Additionally, the "Cloud Chariot" system surpasses foreign technological levels.