Maximising AI's ROI across your business: An essential guide
Podcast episode
About the episode
As Chinese automotive giant BYD celebrates becoming the world’s largest seller of electric vehicles, it can point to smart artificial intelligence (AI) strategies as one of the driving forces of its success.
BYD reported annual revenue of US$107 billion for 2024, on the back of soaring hybrid vehicle sales. The company is using AI and machine learning to redefine vehicle aerodynamics and safety, rather than relying on traditional physical prototyping in wind tunnels. AI is also helping BYD fine-tune battery production and transform autonomous driving capabilities.
Collin Jin FCPA, Deloitte China’s audit and assurance innovation leader in Shanghai and president of CPA Australia’s East and Central China Committee, says BYD’s achievements highlight how some companies are using AI and generative AI (Gen AI) to revolutionise their operations.
“BYD has been pioneering the use of AI throughout its whole business process,” Jin says. “So, from manufacturing automation to autonomous driving, AI is playing a fundamental role. It’s already disrupted the whole industry.”
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INTHEBLACK Out Loud is presented by CPA Australia.
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CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:
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