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Nio hires former Xilinx engineer amid in-house chip development rumors

Nio has hired a former tech lead at US chipmaker Xilinx, Chinese media reported on Friday, following months of rumors that the electric vehicle maker may look to develop its own chips in-house. Hu Chengchen has been appointed as Nio’s Chief Expert and Assistant Vice President after reportedly founding Xilinx’s research lab and leading its CTO office in the Asia Pacific Region during a four-year stint with the company. Nio saw the delivery of its vehicles plunge by 26% in August as the global chip shortage impacted its production lines. [TechPlanet, in Chinese]

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