Nio Secures First Customer for its Autonomous Driving Chip

Nio has secured the first customer for its in-house developed autonomous driving chip Shenji NX9031, licensing it to an automotive semiconductor company in the first deal of its kind for the Chinese electric vehicle maker, according to a report Wednesday by local media outlet LatePost. The licensing deal represents Nio‘s first external chip commercialization since beginning development in 2021, coming as the company works toward profitability in the fourth quarter of 2025.

https://eletric-vehicles.com/nio/nio-secures-first-customer-for-its-autonomous-driving-chip-report/