NIO (NYSE: NIO) May Be Able To Outpace Tesla’s Navigate on Autopilot Headline Feature if It Integrates the Lidar Offered by Luminar Technologies

NIO (NYSE: NIO) May Be Able To Outpace Tesla’s Navigate on Autopilot Headline Feature if It Integrates the Lidar Offered by Luminar Technologies

3 years ago
Anonymous $rxtAWepgzY

https://wccftech.com/nio-may-be-able-to-outpace-teslas-autopilot-feature-if-it-integrates-the-lidar-offered-by-luminar-technologies/

NIO (NYSE:NIO) is perhaps the only EV manufacturer in the world that has the greatest potential of upending Tesla’s (NASDAQ:TSLA) relentless supremacy in the industry. Tesla’s soaring production capacity and its Navigate on Autopilot (NOA) feature currently form the bedrock of the EV giant’s supremacy. However, it is the latter factor that has cemented Tesla’s lead. Honed over a number of years by utilizing live data from millions of connected EVs, the Autopilot offers unmatched capabilities and a very promising outlook. Nonetheless, NIO can break Tesla’s chokehold over autonomous driving if it integrates the lidar provided by Luminar Technologies with its bespoke autonomous driving functionality.

During the Beijing International Automotive Exhibition 2020 held in late September, NIO unveiled the OS version 2.7.0 of its Navigate on Pilot (NOP) feature. This is an Advanced Driver-Assistance System (ADAS) that leverages 23 sensor devices and high precision mapping to provide location accuracy of up to 20cm. NIO’s NOP provides route optimizing service along with lance change recommendations. It can also automatically steer the vehicle along a pre-set route. However, the feature is still not as developed as Tesla’s Autopilot.