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Nio & Tencent Partner

Benzinga

1 Views • Nov 29, 2022

Description

Chinese companies Tencent ($TCEHY@China) and Nio ($NIO@China) have agreed to work together on areas including autonomous driving and high-definition mapping. The electric vehicle maker’s partnership with Tencent will give it the technology backing of one of China’s biggest firms. The tech giant is already a major investor in Ni. The move comes after e-commerce firm Alibaba ($BABA@China) and Nio competitor Xpeng ($XPEV@China) opened a computer center in August to train software for driverless cars.

Keywords & Tags

#alibaba #ev #electric vehicle #e-commerce #nio #inflation #business #investors #partnership #tech giant #software #Tencent #Chinese companies #autonomous driving #Nio Tencent Partner #Self-Driving Tech #driverless cars

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