NIO to Plan for Autonomous Driving Chips Development
People who are close to NIO claim that the company is now planning for the R&D of autonomous driving chips. The CEO, Bin Li, is pushing the project.
In 2020, NIO has raised more than CNY 20 billion through various types of debt and equity financing. The massive investment for autonomous driving chips is believed to be affordable for NIO.
This text is a result of machine translation.
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