NVIDIA EXPANDS ITS REACH IN CHINA'S EV SECTOR
Nvidia (NVDA.O) said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker's determination to expand in China despite Washington's tighter export rules. Chinese automakers Li Auto (2015.HK), Great Wall Motor (601633.SS), Zeekr (ZK.N) and the new EV unit of Chinese telecommunications company Xiaomi (1810.HK) will use Nvidia's DRIVE technology to power automated driving. Nvidia (NVDA.O) said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker's determination to expand in China despite Washington's tighter export rules.
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