Nvidia expands its reach in China's EV sector

Reuters
2024.01.08 16:30
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Nvidia has announced that four Chinese electric vehicle brands, including Li Auto and Xiaomi, will use its technology for automated driving systems. This move highlights Nvidia's determination to expand in China, despite tighter export rules from the US. The rising EV market in China presents a growth opportunity for Nvidia and other semiconductor manufacturers. Additionally, Nvidia is working with companies like WPP and Lotus to develop more advanced online shopping tools for the automotive industry.