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2021-07-21

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

NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car compan

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

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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.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 1.89% higher at $44.17 on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 17:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b>&nbsp;LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car companies to overtake bigger rival and electric vehicle segment disruptor&nbsp;<b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b>, according to a cnEVpostreport.</p>\n<p><b>What Happened:</b>&nbsp;Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.</p>\n<p>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.</p>\n<p>Tesla has recently switched to strictly cameras and stopped using radar sensors.</p>\n<p><b>Why It Matters:</b>&nbsp;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.</p>\n<p>Nio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.</p>\n<p>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.</p>\n<p><b>Price Action:</b>&nbsp;Nio shares closed 1.89% higher at $44.17 on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185755047","content_text":"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.\nWhat Happened: Bao Junwei, CEO of Innovusion, said LiDAR technology could provide rival automakers key leverage as Tesla focuses on the vision-based technology instead.\nAs 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.\nTesla has recently switched to strictly cameras and stopped using radar sensors.\nWhy 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.\nNio’s premium electric sedan ET7, which is expected to begin deliveries in the first quarter of 2022,is equipped withInnovusion’s LiDAR technology.\nInnovision 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.\nPrice Action: Nio shares closed 1.89% higher at $44.17 on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}