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1211 BYD Co News Story

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China's BYD to raise price of assistant driving system due to rising global memory hardware costs

BEIJING, April 28 (Reuters) - China's BYD 002594.SZ will raise the price of its 'God's Eye B' lidar-based assistant driving system add-on for its electric vehicles from May 1 to 12,000 yuan ($1,756.26) from 9,000, it said in a statement on Tuesday.

The price hike is due to "a sharp rise in global memory hardware costs," the company said.

($1 = 6.8327 Chinese yuan)

 (Reporting by Joe Cash; Editing by Himani Sarkar)

 ((Joe.Cash@thomsonreuters.com;))

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