China's car manufacturer NIO assured him that a ban on the supply of NVIDIA accelerators would be of little harm to him

China's car manufacturer NIO assured him that a ban on the supply of NVIDIA accelerators would be of

The NIO company, considered one of Tesla's top three competitors in the Chinese market, is quite active in using the NVIDIA component base, the state-of-the-art models of brand electric vehicles, for example, using on-board computers with four Orin American development processors. The recent ban on the supply of NVIDIA accelerators to China will not have a significant impact on the company's business, as its founder William Lee said this week.

As CNBC explained with reference to the transcript of the statement by the head of the NIO at the quarterly report conference, the company had indeed worked closely with NVIDIA in the development of active driver assistance systems. William Lee said that the existing NIO computing capacity was sufficient to continue to develop autonomous vehicle control systems in the near future.

It will be recalled that the restrictions imposed by the U.S. Export Control Regulations relate to the supply of NVIDIA H100 and A100 boosters to China, and the direct processors for on-board electric vehicle systems of the NIO will continue to receive no problem, while the head of the NIO emphasizes that there are several companies in China that are developing artificial intelligence boosters and are now considering cooperating with them. Last week, Geely, as well as WeRide and Pony.ai, which specialize in autopilot technologies, announced that there were no recent US bans on their business.