Xiaomi Unveils Revolutionary SU7 Electric Vehicle Equipped With Hesai High-Performance Lidar
Portfolio Pulse from Benzinga Newsdesk
Xiaomi has launched its first electric vehicle, the SU7, featuring Hesai's AT128 lidar technology. This marks Xiaomi's entry into the electric vehicle market, with the SU7 Pro and Max versions showcasing advanced intelligent driving capabilities powered by NVIDIA's DRIVE Orin platform and Hesai's lidar. Over 88,898 reservations were made on the first day, with deliveries starting soon. The collaboration between Xiaomi and Hesai emphasizes their commitment to advancing intelligent driving technology.
April 02, 2024 | 12:32 pm
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Hesai Technology's collaboration with Xiaomi for the SU7's lidar technology showcases its leading position in the lidar industry and its significant role in Xiaomi's entry into the electric vehicle market.
Hesai's collaboration with Xiaomi for the SU7 electric vehicle, utilizing its AT128 lidar, not only solidifies its position as a leader in lidar technology but also potentially boosts its market perception and demand for its products. The successful launch and high reservation numbers for the SU7 could reflect positively on Hesai's stock price in the short term due to increased visibility and validation of its technology.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
NVIDIA's DRIVE Orin platform is a key component of Xiaomi's SU7 intelligent driving solution, highlighting NVIDIA's significant role in the development of advanced driving technologies for the electric vehicle market.
NVIDIA's involvement in the Xiaomi SU7 through its DRIVE Orin computing platform underlines its importance in the electric vehicle and intelligent driving sectors. This partnership could enhance NVIDIA's reputation in these markets, potentially leading to a positive short-term impact on its stock price as investors recognize its growing influence in the automotive technology space.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80