The Xuanji A3 chip supports L3 and L4 autonomous driving, marking BYD's full-chain control over assisted driving.

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Li Auto's in-house chip development is not following a trend, but to solve problems that current suppliers' technologies cannot overcome, its CEO said.

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Horizon Robotics is developing the J7 series chips, aiming to significantly surpass Nvidia's Thor-X in computing power by 2027.

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Nio's Shenji unit and its partner Axera are pitching the new M97 chip to automakers.

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Several Chinese investors will inject RMB 2.257 billion ($330 million) into Nio's chip business, valuing the operation at about RMB 8.27 billion.

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This brings the post-investment valuation of Nio's chip unit to nearly RMB 10 billion.

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