Nvidia said auto suppliers and contract manufacturers Desay, Flex, Quanta, Valeo and ZF will also use their drive platform as the foundation for automated driving systems in the vehicles they engineer for EV brands.
see photosNvidia also looking to grow in emerging automated truck business
US high-performance chip maker Nvidia Corp said on Tuesday it has struck more deals with Chinese electric vehicle makers that want to use the company’s technology for software-driven features that could turn customers away from Tesla Inc.
Nvidia Vice President Ali Kani used a presentation at the CES technology conference to list several Chinese electric vehicle (EV) manufacturers as part of the computer brainstorming of new vehicles, including Polestar, Xpeng, Nio, IM Motors, Li. Will use Nvidia’s drive technology. Auto and R Auto.
Nvidia said auto suppliers and contract manufacturers Desay, Flex, Quanta, Valeo and ZF will also use their drive platform as the foundation for automated driving systems in the vehicles they engineer for EV brands.
Nvidia has previously said it has $8 billion in booked automotive revenue over the next six years. Tuesday’s presentation underscored the importance of China’s dynamic EV sector for the US chip company to expand its automotive business, which now accounts for a small portion of its total annual revenue, estimated at more than $26 billion.
Nvidia has previously said it has $8 billion in booked automotive revenue over the next six years.
Nvidia is also looking for growth in the emerging automated truck business, and earlier Tuesday said robo-truck developer TuSimple would use Nvidia chips to develop self-driving semi trucks.
Nvidia must navigate through US-China tensions and Chinese regulations that effectively restrict data exported by vehicles in China. Nvidia uses Chinese partners and Chinese data centers to assure the data used to train artificial intelligence in cars, said Danny Shapiro, Nvidia’s vice president for automotive.
Automakers new and old are racing to match software-powered features pioneered by Tesla, which can change a vehicles performance, battery limit or self-driving capability level via over-the-air updates.
0 notes
High-powered on-board computers are essential to what the industry calls “software-powered vehicles”. This is creating new markets for companies like Nvidia, whose core business is designing powerful chips for data processing centers and videogame equipment.
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