Nio, a Chinese manufacturer of electric vehicles, followed other automakers in claiming that U.S. limitations on Nvidia chip sales to China won’t have an impact on the automaker’s operations.
In an effort to lower the possibility that these devices would be utilized by the Chinese military, Nvidia revealed last week that the United States would require the chipmaker to obtain a license before exporting some products to China in the future.
“We believe this will not have an impact on our business operations,” during a Wednesday results call, Nio’s founder, chairman, and CEO, William Li, spoke through a translator provided by the business. That’s what a StreetAccount transcript claims.
“Based on our estimations, our computing power is sufficient for our autonomous driving technology development in the aspect of the AI training for now,” Li said. “And we have been working very closely with our partner Nvidia.”
For Nio and other Chinese electric car manufacturers, the Nvidia Drive Orin chip has become an essential component of assisted driving technology. Four of these chips, including one that allowed the vehicle to learn from specific driver preferences, were included in Nio’s new ES7 SUV, according to a blog post by Nvidia published online.
The company’s A100 and H100 devices, whose sales are a component of its much broader data center business, are the target of the new U.S. limitations. The goods are artificial intelligence-capable graphics processors.
Li claimed on Wednesday that a lot of Chinese businesses produce artificial intelligence training chips, and Nio is looking into possible partnerships with other businesses.
However, he said that Nio’s long-term plan will not be impacted by American regulations.
Along with autonomous driving start-ups WeRide and Pony.ai, manufacturer Geely declared last week that it won’t be impacted by the new regulations.
He Xiaopeng, chairman of electric vehicle start-up Xpeng, was quoted as saying earlier this week by the Chinese financial news outlet Caixin that the limitations would make it difficult for all autonomous driving algorithm training on cloud computing platforms.
However, he said that the business had purchased enough of the cutting-edge goods to accommodate demand in the ensuing years. He made a post on his personal WeChat account, which is comparable to a post on a private Facebook news feed, which Caixin cited.
