The company reported on the latest achievements of the Chinese electric vehicle manufacturer. The Chinese company Nio highlighted the progress in developing a chip for intelligent driving and presented an operating system for the entire car as well as an artificial intelligence model, Yicai reported on July 29.
Nio’s NX9031 chip, introduced last year, has reached the final stage of development, the company’s president and CEO William Lee said at the Nio in 2024 technology innovation event on July 27.
At the event, Nio also unveiled SkyOS, which could replace the AUTomotive Open System ARchitecture, the next generation of its smartphone, the new Banyan 3 intelligent operating system and other products, and launched China’s first AI driving model, the Nio World Model.
Developing its own chips is seen as one of Nio’s long-term cost-cutting measures, Li said, adding that the NX9031 aims to match the performance of four flagship industrial chips, improving efficiency and reducing costs. According to him, the Shanghai company has reduced the price of the main laser radar control chip of a car by hundreds of Chinese yuan, equivalent to tens of US dollars.
SkyOS-L’s real-time periodic transmission speed is 30-40% faster than that of AUTOSAR, according to data released by the Chinese company.
Nio World Model (AI) can calculate 216 possible scenarios in 100 milliseconds and find the optimal solution, said Vice President Ren Shaoqing. As a generative model, it can create a 120-second imaginary video from a three-second driving video, Ren noted.
Nio has yet to break even, with a net loss of 5.2 billion yuan ($716.8 million) in the first quarter and 2.9 billion yuan in research and development expenses. Last year, the company’s losses amounted to 20.7 billion yuan ($2.9 billion), while 13.4 billion yuan was spent on research and development.
Nio will continue to spend 3 billion to 4 billion yuan each quarter on R&D, Li said earlier this year.
Source: Rossa Primavera
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