RoboSense, a leading provider of LiDAR products for the automotive industry, has reported strong growth in the first half of 2024. The company’s sales volume for LiDAR products and LiDAR products for ADAS applications saw a significant increase compared to the previous year, with approximately 243,400 units and 234,500 units sold, respectively.
This outstanding performance is attributed to the continuous development of RoboSense and the integration of intelligent solutions in the automotive sector. By June 30, 2024, RoboSense had already achieved almost the same sales volume as its entire 2023 annual sales, demonstrating its rapid progress and success in the market.
With a cumulative sales volume of around 583,500 LiDAR units, including 518,300 units for ADAS, RoboSense has solidified its position as a key player in the industry. The company’s advanced LiDAR hardware and perception software technology have enabled them to secure orders from 22 global OEMs and Tier-1 customers, resulting in the mass production of 71 vehicle models.
At the 2024 Auto Beijing Show, RoboSense stood out by equipping 37 models, surpassing a utilization rate of 50%. This achievement underscores the growing demand for RoboSense’s cutting-edge products in the market.
In terms of product development, RoboSense continues to drive innovation with the launch of the M3, a long-range LiDAR device, and the MX, a medium-range LiDAR device, in Q2 and Q3 2024. The MX device has already garnered interest from customers, securing three new projects for mass production scheduled to commence in 2025.
Overall, RoboSense’s strong performance in the first half of 2024 reflects its commitment to technological advancement and market expansion. As the automotive industry continues to embrace intelligent solutions, RoboSense is well-positioned to lead the way with its innovative products and exceptional capabilities.
For more information about RoboSense and its latest developments, please visit their website and view the image of their products at https://mma.prnewswire.com/media/2465085/RoboSense.jpg. Join us as we witness the future of automotive technology unfold with RoboSense at the forefront.
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