- NXP Semiconductors NV NXPI said NIO Inc NIO will leverage its automotive radar technology, including imaging radar solution.
- NXP's latest 4D imaging radar solution significantly improves front radar performance in today's vehicles.
- The cars will be able to detect and classify objects such as other vehicles and vulnerable road users in high-way and complex urban scenarios and at distances of up to 300 meters.
- NXP's imaging radar technology expands radar's capabilities from measuring range and speed, to include direction, angle of arrival, and elevation measurement.
- Price Action: NXPI shares closed higher by 1.39% at $166.01 on Monday.
- Photo Via Company
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in