Latest news with #OrinX
Yahoo
18-03-2025
- Automotive
- Yahoo
ZEEKR Unveils NVIDIA-Enhanced Driver Assistance System for Local Customers
March 18 - ZEEKR Intelligent Technology Holding Limited (ZK, Financial) revealed plans to offer an advanced driver-assistance system free to local customers. Warning! GuruFocus has detected 4 Warning Signs with ZK. The system allows vehicles to drive nearly autonomously between preset destinations, provided drivers keep their hands on the wheel and regulatory approvals are obtained. Initially, the technology will be piloted with a select customer group before a full rollout in April. CEO Andy An emphasized that closing the gap with market leaders in driver assistance is critical amid intensifying competition. The system utilizes NVDA's Orin X chipsets and lidar technology, with future versions set to incorporate NVDA's Thor automotive chip and additional lidar units. This upgrade will also feature in vehicles from Lynk & Co, a brand recently acquired by ZEEKR, and may extend to models from its parent company, Geely. Investors are watching as the technology is expected to boost safety and competitiveness in the EV market. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
10-03-2025
- Automotive
- Yahoo
Toyota launches its cheapest smart EV in China, aims to up market share
SHANGHAI (Reuters) - Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world's largest auto market. Toyota has had limited success so far with its previous electric vehicle (EV) models in a hugely competitive market dominated by local players such as Chinese EV giant BYD . It began taking orders for its latest - and much cheaper - model, the Bozhi 3X, on Thursday. Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year. More than 10,000 orders were received within an hour of the launch, Peng Baolin, a vice president of sales at GAC Toyota, said on his Weibo social media account on Thursday. The price for models with navigation capabilities similar to Tesla's full self-driving version starts at 139,800 yuan ($19,297.66). The less advanced version is priced at 104,800 yuan, making it Toyota's cheapest EV in China. GAC Toyota declined to comment on questions regarding export plans and how profitable the model would be, given the low pricing. The smart version is equipped with an Orin X chip, a lidar and Momenta's smart driving software, which is comparable to peers. A long-running price war in China's EV market entered a new phase last month after BYD said it would offer advanced driving-assisted features on several models, including those priced below $10,000, for no extra charge. ($1 = 7.2444 Chinese yuan renminbi)
Yahoo
08-03-2025
- Automotive
- Yahoo
Toyota launches its cheapest smart EV in China, aims to up market share
SHANGHAI (Reuters) - Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world's largest auto market. Toyota has had limited success so far with its previous electric vehicle (EV) models in a hugely competitive market dominated by local players such as Chinese EV giant BYD . It began taking orders for its latest - and much cheaper - model, the Bozhi 3X, on Thursday. Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year. More than 10,000 orders were received within an hour of the launch, Peng Baolin, a vice president of sales at GAC Toyota, said on his Weibo social media account on Thursday. The price for models with navigation capabilities similar to Tesla's full self-driving version starts at 139,800 yuan ($19,297.66). The less advanced version is priced at 104,800 yuan, making it Toyota's cheapest EV in China. GAC Toyota declined to comment on questions regarding export plans and how profitable the model would be, given the low pricing. The smart version is equipped with an Orin X chip, a lidar and Momenta's smart driving software, which is comparable to peers. A long-running price war in China's EV market entered a new phase last month after BYD said it would offer advanced driving-assisted features on several models, including those priced below $10,000, for no extra charge. ($1 = 7.2444 Chinese yuan renminbi) Sign in to access your portfolio
Zawya
07-03-2025
- Automotive
- Zawya
Toyota launches its cheapest smart EV in China, aims to up market share
SHANGHAI - Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world's largest auto market. Toyota has had limited success so far with its previous electric vehicle (EV) models in a hugely competitive market dominated by local players such as Chinese EV giant BYD . It began taking orders for its latest - and much cheaper - model, the Bozhi 3X, on Thursday. Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year. More than 10,000 orders were received within an hour of the launch, Peng Baolin, a vice president of sales at GAC Toyota, said on his Weibo social media account on Thursday. The price for models with navigation capabilities similar to Tesla's full self-driving version starts at 139,800 yuan ($19,297.66). The less advanced version is priced at 104,800 yuan, making it Toyota's cheapest EV in China. GAC Toyota declined to comment on questions regarding export plans and how profitable the model would be, given the low pricing. The smart version is equipped with an Orin X chip, a lidar and Momenta's smart driving software, which is comparable to peers. A long-running price war in China's EV market entered a new phase last month after BYD said it would offer advanced driving-assisted features on several models, including those priced below $10,000, for no extra charge. ($1 = 7.2444 Chinese yuan renminbi)
Yahoo
07-03-2025
- Automotive
- Yahoo
Toyota launches its cheapest smart EV in China, aims to up market share
SHANGHAI (Reuters) - Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain share in the world's largest auto market. Toyota has had limited success so far with its previous electric vehicle (EV) models in a hugely competitive market dominated by local players such as Chinese EV giant BYD . It began taking orders for its latest - and much cheaper - model, the Bozhi 3X, on Thursday. Toyota and its Chinese partner, state-owned Guangzhou Automobile Group (GAC), had first unveiled the car at an autoshow in Beijing last year. More than 10,000 orders were received within an hour of the launch, Peng Baolin, a vice president of sales at GAC Toyota, said on his Weibo social media account on Thursday. The price for models with navigation capabilities similar to Tesla's full self-driving version starts at 139,800 yuan ($19,297.66). The less advanced version is priced at 104,800 yuan, making it Toyota's cheapest EV in China. GAC Toyota declined to comment on questions regarding export plans and how profitable the model would be, given the low pricing. The smart version is equipped with an Orin X chip, a lidar and Momenta's smart driving software, which is comparable to peers. A long-running price war in China's EV market entered a new phase last month after BYD said it would offer advanced driving-assisted features on several models, including those priced below $10,000, for no extra charge. ($1 = 7.2444 Chinese yuan renminbi)
