Chinese electric car company Nio said it doesn’t expect U.S. restrictions on Nvidia to affect the start-up’s business operations.
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Li said Wednesday there are many companies in China with artificial intelligence training chips, and that Nio is evaluating opportunities to work with different companies.
But he said the U.S. restrictions would not affect Nio’s long-term strategy.
Last week, automaker Geely said it won’t be affected by the new restrictions, as did autonomous driving start-ups WeRide and Pony.ai.
Earlier this week, Chinese financial news site Caixin reported that He Xiaopeng, chairman of electric…
Source cnbc.com