TRANSPORTATION

NIO Partners with NVIDIA to Develop a New Generation of Automated Driving Electric Vehicles

NIO | January 11, 2021

NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities.

NIO is working to make consumer adoption of smart, performance-packed electric vehicles a widespread reality. At NIO Day, the company’s annual customer event, the EV maker revealed its NVIDIA DRIVE Orin-powered supercomputer, dubbed Adam, which will first appear in the ET7 sedan that will ship in China starting in 2022.

“Autonomy and electrification are the key forces transforming the automotive industry,” said Jensen Huang, NVIDIA founder and CEO. “We are delighted to partner with NIO, a leader in the new energy vehicle revolution—leveraging the power of AI to create the software-defined EV fleets of the future.”

“The cooperation of NIO and NVIDIA will accelerate the development of autonomous driving on smart vehicles. NIO’s in-house developed autonomous driving algorithms will be running on four industry-leading NVIDIA Orin processors, delivering an unprecedented 1000+ TOPS in production cars,” said William Li, Founder, Chairman and CEO of NIO.

Adam signals a major achievement by NIO in bringing automotive intelligence and autonomous driving to market, safely and reliably. With a centralized, software-defined computing architecture, NIO’s next-generation EVs, like the ET7 sedan, will feature the latest AI-enabled capabilities, which are perpetually upgradable after the point of sale.

Spotlight

The pan-European energy system is faced with the enormous challenge of lowering carbon emissions from electricity supply to nearly zero by 2050. This goes hand in hand with the need to integrate massive amounts of renewable energy sources (RES), mainly wind and solar power. The variable nature of these renewable energy sources makes it increasingly difficult to match electricity production and demand. Power-to-gas is a compelling concept that converges the existing siloed value chains of the gas and electricity sector into one energy system able to meet the challenges of a mostly renewables-based energy supply system.

Spotlight

The pan-European energy system is faced with the enormous challenge of lowering carbon emissions from electricity supply to nearly zero by 2050. This goes hand in hand with the need to integrate massive amounts of renewable energy sources (RES), mainly wind and solar power. The variable nature of these renewable energy sources makes it increasingly difficult to match electricity production and demand. Power-to-gas is a compelling concept that converges the existing siloed value chains of the gas and electricity sector into one energy system able to meet the challenges of a mostly renewables-based energy supply system.

Related News

Duke Energy to expand electric vehicle charging in South Carolina

Duke Energy | October 08, 2020

As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow South Carolina to join other states in deploying EV infrastructure to meet the needs of this growing market. Originally proposed in 2018, Duke Energy Carolinas and Duke Energy Progress participated in extensive working-group sessions with stakeholders for feedback on the innovative plans. The approved programs – the first in the Carolinas – reflect the inclusion of much of that feedback, as well as agreements with the Office of Regulatory Staff and ChargePoint.

Read More

ENERGY

Power Electronics leads the energy storage market with a presence in more than 150 worldwide megaprojects

Power Electronics | August 27, 2021

The multinational Power Electronics continues to lead the global market for energy storage systems and is involved in more than 150 of the world's largest solar energy battery storage projects, creating 7 GW of storage. The most recent project to kick off was the plant in Florida which—with a total capacity of 900 MWh—is the largest solar-powered battery storage facility in the world to date. In 2019, the United States consumed more renewable energy than coal for the first time since 1885. In 2020, this trend was reinforced by the impact of COVID-19, which led energy companies to buy less coal in favor or renewables. Power Electronics supports the country in its firm resolve to tilt the energy balance towards renewables and has become a benchmark thanks to a continued commitment to innovation in order to adapt to the needs of its customers and power grids. This is why the company will participate in the largest renewable energy event in the United States, the Solar Power International conference and exhibition, which will be held in New Orleans (Louisiana), bringing together the major players in the sector. Participation in the ACT Expo Aside from energy storage systems, Power Electronics focuses its business on electric mobility. This is why it will also be at the ACT Expo, the most important electric mobility event in the United States, where it will exhibit its EV charging point solution, which is the most complete solution on the market due to its advanced features. It's the only electric vehicle charging station on the market that integrates a transformer and medium-voltage cells into the same set of equipment—a turnkey, modular, flexible and extremely reliable solution for any scenario. About Power Electronics Power Electronics is the world's number one manufacturer of energy conversion systems for energy storage and the leading manufacturer of solar inverters for photovoltaic plants in the United States, Latin America, Australia, the United Kingdom and Spain. It is present in nearly 1,300 plants across 35 countries. It closed 2020 with 40 GW of AC power installed, which prevented the release of more than 56.3 million tons of CO2 into the environment.

Read More

OYA Solar secures $35 million in construction and interconnection financing from the NY Green Bank

OYA Solar | September 24, 2020

OYA Solar today announced that it has successfully closed a $35 million construction and interconnection financing from NY Green Bank, a state-sponsored, specialized financial entity and division of NYSERDA. The financing will support the construction of three Community Solar projects in New York state, the first of which, a 6.8 MWDC project in Constable, New York is already under construction. OYA expects the three projects to be placed in service early next year and they will be the first in a 100 MWDC portfolio that OYA intends to construct through the end of 2021. Together, the entire portfolio will provide 155 GWh annually, enough to power approximately 39,000 homes annually with clean energy, to a wide variety of local businesses, public sector agencies, affordable housing providers and residents.

Read More