202214 Jan

U.S. chip giant Nvidia is finding success in China by riding the countrys EV boom

Summary

Several Chinese electric carmakers are turning to U.S. chip giant Nvidia to power their semi-autonomous driving systems, as they ramp up competition with Tesla in the worlds largest car market. Chinese start-ups Xpeng and Nio are using the Nvidia Drive Orin chip in their latest cars. With this chipset and accompanying software platform, Nvidia promises the capabilities for fully autonomous driving. "For a Chinese EV company, or globally, there is not much to match what Nvidia can offer," said Bevin Jacob, partner at Shanghai-based investment and consulting firm Automobility. ADAS — along with other features like fast charging and range — are "key differentiators" in the high-end electric vehicle space, according to Aakash Arora, managing director and partner at Boston Consulting Group.

Source: Cnbc

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