1 year ago
98 Chinese electrical car institution Nio said it doesn't expect U.S. restrictions connected Nvidia to impact the start-up's concern operations.
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Li said Wednesday determination are galore companies successful China with artificial quality grooming chips, and that Nio is evaluating opportunities to enactment with antithetic companies.
But helium said the U.S. restrictions would not impact Nio's semipermanent strategy.
Last week, automaker Geely said it won't beryllium affected by the caller restrictions, arsenic did autonomous driving start-ups WeRide and Pony.ai.
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Earlier this week, Chinese fiscal quality tract Caixin reported that He Xiaopeng, president of electrical car start-up Xpeng, said the restrictions would bring challenges for each autonomous driving algorithm grooming connected unreality computing platforms.
But helium said the institution has bought capable of the high-tech products to conscionable request for the coming years, according to the report. Caixin cited He's station connected a idiosyncratic WeChat account, which is akin to a backstage Facebook quality provender post.
Xpeng did not instantly respond to a CNBC petition for comment.
— CNBC's Arjun Kharpal contributed to this report.
