As China's electric vehicle (EV) market continues to surge, domestic manufacturers are shifting their focus towards developing in-house semiconductor chips to give their vehicles a competitive edge. In a bid to make their cars smarter and more autonomous, Chinese EV makers are investing heavily in their own chip design and manufacturing capabilities, a move that could potentially reduce their reliance on foreign suppliers and create new revenue streams. This strategic shift is seen as a key factor in the country's efforts to become a global leader in the EV sector, with companies like BYD and Geely already making significant strides in this area. As the world's largest EV market, China's move towards in-house chip development is likely to have far-reaching implications for the global automotive industry.
Chinese EV makers bet on in-house chips to make cars smarter and more autonomous South China Morning Post
