00:00It's Benzinga and here's what's on the block.
00:03Chinese electric vehicle manufacturers are intensifying their competition by developing
00:07in-house auto chips.
00:08The move is driven by the success of Tesla's self-designed chips and the desire to customize
00:12features and reduce supply chain risks.
00:15While NVIDIA's automotive chips remain dominant, Chinese automakers are beginning to adopt
00:19their advanced technologies.
00:20BYD's founder Wang Qianfu stated that while batteries drove the first phase of electric
00:25car development, semiconductors are now essential for the industry's focus on smart, connected
00:30vehicles in its second phase.
00:31For all things money, visit Benzinga.com.
Comments