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auto shows | Benzinga
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
autonomous vehicles drones
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
NIO Inc (NYSE:NIO), China Petroleum & Chemical Corporation (NYSE:SNP) - Nio Expected To Unveil Its Power Plan Next Week In Shanghai
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
NVIDIA Corporation (NASDAQ:NVDA) shares are trading higher by 2.4% Thursday morning after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $700 to $750 per share.
Intel Corporation (NASDAQ:INTC) shares are trading lower by 0.5% after Raymond James downgraded the stock from Market Perform to Underperform.
Chinese electric vehicle maker
Xpeng Inc – ADR (NYSE:XPEV) confirmed it s exploring making its own dedicated chips for autonomous driving, CNBC reported.
Xinzhou Wu, vice president in charge of autonomous driving at Xpeng, said his company is exploring developing in-house chipsets among other options to stay ahead of the fierce competition in the Chinese market…
World’s largest consumer drone maker will unveil smart car technology at Auto Shanghai 2021. DJI’s leap into smart vehicle technology follows similar steps from Baidu, Xiaomi and Huawei. SCMP
DJI, the world’s largest maker of drones for consumers, said on Monday that it will launch its first smart vehicle solution at next week’s Shanghai auto show.
Posting on social media, the Shenzhen-based company introduced DJI Auto, a new brand that will focus on the research and development, production and sales of intelligent driving systems and their core components.
Founded in 2006, the company turned drones from expensive and clunky flying machines into more sophisticated, but affordable, devices. DJI’s drones account for 70 to 80 per cent of the global market, according to research firm Drone Industry Insights. Much of the technology used in creating drones, including sensors such as LIDAR, are also key technologies for self-driving solutions.