Overcoming cost reduction, car companies successively start to develop their own chips.

With the advancement of intelligent in-vehicle technology, the demand for in-vehicle computing power continues to grow. Chinese automakers such as NIO, FAW, XPeng Motors, and IDEAL are accelerating the development of self-developed chips, with various related progress and achievements being released recently. Industry insiders believe that intelligence has increased the demand for chips by car manufacturers, while also raising the cost of vehicles. The independent development of chips by car manufacturers can achieve cost reduction on the car manufacturer side through scaled applications, and help deepen the synergy between software and hardware. However, it also faces pressures and risks such as high investment, long cycles, and high thresholds.