HONG KONG, July 19, 2024 /PRNewswire/ -- Recently, RoboSense
announced its business progress for the first half year of 2024,
demonstrating a high-growth trajectory and maintaining its
leadership in the global market. For the six months ended
June 30, 2024, RoboSense's sales
volume of LiDAR products and LiDAR products for ADAS applications
amounted to approximately 243,400 and 234,500 units,
separately reflecting a year-on-year increase of 415.7% and
487.7%.
As OEMs rapidly pursued advancements in intelligent technology,
RoboSense achieved nearly its 2023 annual sales volume in the first
half year of 2024. RoboSense and the global automotive industry's
intelligent upgrade are progressing and succeeding together. This
exponential growth underscores RoboSense's exceptional capabilities
in technological innovation and market expansion, reinforcing our
trajectory of outstanding growth as an industry leader.
As of June 30, 2024, RoboSense's
cumulative sales volume of LiDAR have reached approximately
583,500 units, with LiDAR for ADAS approximately 518,300
units. Since pioneering the mass production of LiDAR for ADAS
in 2021, RoboSense has demonstrated significant growth, with
steadily increasing sales that continue to lead the industry's
development.
Leveraging its powerful LiDAR hardware and perception software
technology, as well as leading product performance, RoboSense has
made remarkable progress in obtaining vehicle model designs and
achieving mass production for various vehicle models. As of
May 17, 2024, we have received mass
production designation orders for 71 vehicle models from 22
global OEMs and Tier 1 customers. By the end of the first quarter
of 2024, we have achieved SOP 25 vehicle models from 12 of
these customers.
At the 2024 Auto Beijing Show, RoboSense ranked No.1 with
equipment for 37 models, and its occupation was over 50%. As more
collaborative vehicle models launch and reach mass production,
RoboSense repeatedly shatters records.
In technological innovation and product development, RoboSense
continues to launch powerful and technologically advanced products
that drive industry progress. In 2024 Q2 and Q3, RoboSense launched
the M3, a long-range LiDAR, and the MX, a medium-range
LiDAR. In particular, MX gained three new mass production
projects shortly after its release, and is expected to realize its
first mass production in 2025.
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