On September 24th, it was reported that Li Ke, Executive Vice President of BYD, recently stated in an interview that if BYD cannot obtain the Nvidia chips currently used in its cars, the company will have alternative solutions. Li Ke also stated that the company has not received any government directive to stop using Nvidia chips, but every company has backup plans, and BYD is no exception.
Li Ke further explained that it is unlikely for China to ban Nvidia's automotive chips. "I don't think any country would do this because it would severely damage Nvidia. Nvidia is now the world's most valuable company, and no one wants to see the company lose this important market in China.
In addition, Li Ke did not provide a detailed explanation of BYD's alternative plans, but she mentioned that during the pandemic, the global semiconductor shortage had a serious impact on the automotive industry. At that time, BYD was not affected, thanks to the company's insistence on self-developed core technologies, which enabled it to quickly find alternative solutions. Li Ke emphasized, "Our company has a large and core technological reserve internally, so we always have backup plans
