Nio Inc (NIO)

[sambeaux]

NIO and Intel! Car Makers Won't Put Brakes on Autonomous Driving, Mobileye CEO Says
2:20 pm ET May 5, 2020 (Dow Jones)
"Car makers are facing a huge crisis with sales plummeting and many factories idled, but some of the industry's more futuristic plans still appear to be on track.

That, at least, is part of Intel's logic behind the company's move, unveiled Monday, to buy Israeli transportation app maker Moovit Inc. for $900 million and make it part of Mobileye, the semiconductor maker's $15 billion bet on autonomous driving.

Mobileye plans to integrate its technology into robo-car systems being developed by Volkswagen AG, Chinese electric-car maker NIO Inc. and others."