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Chinese EV startups turn to Nvidia in the race to catch Tesla -Breaking

January 5, 2022
Source: streetregister.com streetregister.com
News Snapshot:
Stephen Nellis and Joseph White SAN FRANCISCO – U.S.-based high-performance chip maker Nvidia Corp (NASDAQ:) Corp reported Tuesday it has landed additional deals with Chinese electric car makers who want to utilize the company’s technology in order to drive software-driven features, which could attract customers away from Tesla Inc (NASDAQ:) Inc. Ali Kani, vice president of Nvidia, presented at the CES technology conference and listed several Chinese electric vehicle makers (EVs) that will be using Nvidia’s DRIVE technology in the new car brains. These include Polestar (NYSE:), Xpeng, NIO, IM Motors (Li Auto), R Auto, Li Auto, and Xpeng. Nvidia...
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