China's BYD unveils Level-4 autonomous parking, pledges to cover losses

Chinese automaker BYD has introduced an advanced Level 4 (L4) autonomous parking feature as part of its God’s Eye advanced driver-assistance system (ADAS). This system enables vehicles to park themselves independently within predefined conditions without driver input. BYD has pledged to assume full liability for any malfunctions or algorithm errors during autonomous parking, covering all repair costs, third-party property damage, and personal injury compensation when the vehicle is at fault. This guarantee allows drivers to bypass insurance claims for parking incidents, potentially avoiding premium increases. The new L4 parking functionality enhances user experience with expanded parking scenarios and a three-speed parking option. BYD plans to deliver a significant over-the-air update to the God’s Eye system, improving parking, driving performance, and overall safety. Since its launch in February 2025, the God’s Eye ADAS has been installed in over one million BYD vehicles, including affordable models, reflecting the company’s commitment to democratizing autonomous driving technology. BYD’s leadership