NIO Adopts NXP 4D Imaging Radar Technology To Amplify Autonomous Driving Services


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  • NXP Semiconductors NV (NASDAQ:NXPI) said NIO Inc (NYSE:NIO) will leverage its automotive radar technology, including imaging radar solution.
  • NXP's latest 4D imaging radar solution significantly improves front radar performance in today's vehicles.
  • The cars will be able to detect and classify objects such as other vehicles and vulnerable road users in high-way and complex urban scenarios and at distances of up to 300 meters.
  • NXP's imaging radar technology expands radar's capabilities from measuring range and speed, to include direction, angle of arrival, and elevation measurement.
  • Price Action: NXPI shares closed higher by 1.39% at $166.01 on Monday.
  • Photo Via Company

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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