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Investing.com -- Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) is developing advanced chips for Volkswagen (ETR:VOWG_p) cars, according to the Financial Times on Thursday.
The company has created self-designed Turing processors which it claims perform better than those made by U.S. semiconductor leader Nvidia (NASDAQ:NVDA), the Financial Times reported.
This development marks a new phase in the partnership between Xpeng and Volkswagen, as the Chinese automaker expands its technological offerings beyond its own vehicle lineup.
The advanced chips are expected to enhance computing capabilities in future Volkswagen models, potentially improving features such as autonomous driving systems and in-car entertainment options.
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