Tesla rival Xpeng Motors looking at making own autonomous driving chips

GUANGZHOU, China — Chinese electric powered carmaker Xpeng Motors is seeking into creating its possess semiconductors for autonomous driving to keep in advance of the competition, a top rated executive at the business informed CNBC.

The opinions appear after engineering news site 36Kr noted that Xpeng had assembled a modest workforce to develop semiconductors.

Xinzhou Wu, vice president in demand of autonomous driving at Xpeng, explained the corporation is on the lookout into different technologies, which includes autonomous driving chips.

“Very well, I can not say also considerably about that … the opposition in China industry is intense … so we are searching at all options. What are the most effective ways to hold our edge in the levels of competition? So so significantly we are carrying out very properly in program,” Wu informed CNBC on Wednesday.

“But going forward we are looking at all doable choices: how to continue to keep us … profitable this opposition,”

When asked if that consists of discovering in-home chipsets as perfectly, Wu said: “That’s 1 of the directions, indeed.”

Wu did not give additional particulars.

Xpeng launched a new electrical sedan named the P5 on Wednesday. The car is equipped with Lidar or or Light-weight Detection and Ranging technological innovation, which utilizes lasers to map the car’s surroundings.

This is vital to enable some of the P5’s autonomous driving functions that are developed in.

Now, the P5 utilizes chips from Nvidia for autonomous driving and Qualcomm for its in-auto digital cockpit.

Xpeng Motors launches the P5 sedan at an occasion in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s 3rd manufacturing model and options so-referred to as Lidar technologies.

Arjun Kharpal | CNBC

Planning its very own semiconductors could give Xpeng much more management over the integration in between its components and program.

The organization has been focusing on building technologies in-property as a way to differentiate from rivals in China’s crowded electrical automobile market place. Not only is Xpeng competing with standard automakers and start out-ups, but an rising number of know-how firms such as Baidu and Xiaomi have also jumped into the fray.

Wu claimed the P5’s hardware and software package and “usability of the in general features is considerably more advanced” than its competitors — and that would give the corporation an “edge.”

Chinese know-how providers have been putting an rising aim on building their own semiconductors. Baidu final month lifted revenue for its chip small business and Xiaomi unveiled a new chipset for the camera on its newest flagship smartphone.