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Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key

Benzinga2021-07-21

NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor Tesla Motors, according to a cnEVpostreport.

What Happened: Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.

As per Bao, other companies can't match Tesla in vision algorithm and chips at this pount of time but the Musk company doesn't have the advantage gained by an early layout in LiDAR.

Tesla has recently switched to strictly cameras and stopped using radar sensors.

Why It Matters: The Palo Alto, California-based company’s CEO Elon Musk believes that light or camera-based vision is more accurate than radar as the radar introduces more noise than helpful data in a sensor fusion system.

Nio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.

Innovision claims its LiDAR has a half a kilometer range and a distance precision of fewer than three centimeters. The company had in June said the LiDAR technology works on the L3 and L4 autonomous driving and complements the L2 autonomous driving as well.

Price Action: Nio shares closed 1.89% higher at $44.17 on Tuesday.

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评论24

  • 28370eee
    ·2021-07-22
    Ok
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  • geraldwgx
    ·2021-07-21
    Nioooooo!
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    • geraldwgx
      nioooooo!
      2021-07-21
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  • fongj
    ·2021-07-21
    I would think vision based algorithm is more reliable. Nio should go for that.
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  • Bull1973
    ·2021-07-21
    Ok
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  • Ianer
    ·2021-07-21
    Lidar? Whats the safety rating for that? How abt the cost of having lidar system?
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  • peterongwk
    ·2021-07-21
    Up today?
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  • Otaku_Hui88
    ·2021-07-21
    If I’m selling socks, I’d say it’s necessary to wear socks w/ shoes and that it’s a fashion statement. Ultimately, it’s going to be a battle of software. Whose code is most efficient and effective and how machine learning/neural net can improve the systems till they’re level 4/5 autonomy capable. And being a Musk fanboy.. my question back to the vendor would be… Musk uses Lidar on his SpaceX systems to park his Dragon spacecraft to ISS.. so I’m pretty confident he knows the ins and outs of Lidar capability and usefulness. 
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    • HurryChopcho
      but Full Vision has none of this problem. only issue now is for FSD to learn as much Edge cases as possible. and hopefully, no major accidents happening inbetween these Beta testing
      2021-07-21
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    • HurryChopcho
      from my research, LiDar has its own set of problem. It doesn’t work well when there are reflective or shiny surface. which is why there is a need to combine LiDar and radar.
      2021-07-21
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    • Ahleepapa
      Ur idol is the best oscar fagg0t in human history.🤡
      2021-07-21
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  • Deonc
    ·2021-07-21
    Good news.
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  • LHJarsenal
    ·2021-07-21
    Like pls.
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    • Wee93
      done
      2021-07-21
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  • 股市搜搜搜
    ·2021-07-21
    Go go go
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  • Fch5120
    ·2021-07-21
    Nice
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  • 股市搜搜搜
    ·2021-07-21
    Good
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  • HenryGoei
    ·2021-07-21
    Which lidar company to buy?
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  • valerie
    ·2021-07-21
    wow
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  • jaffer
    ·2021-07-21
    Yes ah
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    • RIEN
      ok
      2021-07-21
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  • Khoogl
    ·2021-07-21
    Like
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    • jaffer
      ok
      2021-07-21
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  • 庭ST
    ·2021-07-21
    Go
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  • Rookie22
    ·2021-07-21
    Radar don't work well in heavy rain right ??? 
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  • J5050
    ·2021-07-21
    Ok
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    • XF618
      Ok
      2021-07-21
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  • PalantirMood
    ·2021-07-21
    Tesla is the king of innovation!
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