Lotus Robotics Selected to Supply to a World-Class Japanese Tier-One Supplier
Lotus Technology Inc. (Nasdaq: LOT) has announced that its intelligent driving arm, Lotus Robotics, has been selected to supply to a world-class Japanese tier-one supplier. This marks a significant step for Lotus Tech to enter the Japanese market with its advanced intelligent driving technology. The selection involves Robo Galaxy, a solution including tool software and data collection hardware developed by Lotus Robotics to enhance the efficiency of intelligent driving solutions development.
Lotus Robotics offers comprehensive intelligent driving solutions, including advanced platform software, cloud toolchains, and integrated hardware and software development. The company is also seeking to extend its technology to major telecommunications companies in Japan. This expansion aligns with Lotus Tech's recent delivery of its Eletre model, an intelligent hyper SUV, in Japan and Korea.
Lotus Technology Inc. (Nasdaq: LOT) ha annunciato che il suo braccio di guida intelligente, Lotus Robotics, è stato selezionato per fornire a un fornitore giapponese di primo livello di classe mondiale. Questo rappresenta un passo significativo per Lotus Tech per entrare nel mercato giapponese con la sua avanzata tecnologia di guida intelligente. La selezione riguarda Robo Galaxy, una soluzione che include software per gli strumenti e hardware per la raccolta dati sviluppato da Lotus Robotics per migliorare l'efficienza nello sviluppo di soluzioni di guida intelligente.
Lotus Robotics offre soluzioni complete di guida intelligente, inclusi software per piattaforme avanzate, toolchain cloud e sviluppo integrato di hardware e software. L'azienda sta anche cercando di estendere la propria tecnologia a importanti compagnie di telecomunicazioni in Giappone. Questa espansione è in linea con la recente consegna da parte di Lotus Tech del suo modello Eletre, un hyper SUV intelligente, in Giappone e Corea.
Lotus Technology Inc. (Nasdaq: LOT) ha anunciado que su brazo de conducción inteligente, Lotus Robotics, ha sido seleccionado para suministrar a un proveedor japonés de primer nivel de clase mundial. Esto marca un paso significativo para Lotus Tech para ingresar al mercado japonés con su avanzada tecnología de conducción inteligente. La selección involucra a Robo Galaxy, una solución que incluye software de herramientas y hardware de recolección de datos desarrollado por Lotus Robotics para mejorar la eficiencia en el desarrollo de soluciones de conducción inteligente.
Lotus Robotics ofrece soluciones integrales de conducción inteligente, que incluyen software de plataforma avanzada, cadenas de herramientas en la nube y desarrollo integrado de hardware y software. La compañía también está buscando extender su tecnología a las principales empresas de telecomunicaciones en Japón. Esta expansión está alineada con la reciente entrega por parte de Lotus Tech de su modelo Eletre, un hyper SUV inteligente, en Japón y Corea.
로터스 테크놀로지 Inc. (Nasdaq: LOT)는 자사의 지능형 주행 부문인 로터스 로보틱스가 세계적 수준의 일본 1차 공급업체에 공급하도록 선정되었다고 발표했습니다. 이는 로터스 테크가 고급 지능형 주행 기술로 일본 시장에 진입하는 데 중요한 걸음이 됩니다. 이번 선정은 로보 갤럭시와 관련이 있으며, 이는 로터스 로보틱스가 지능형 주행 솔루션 개발의 효율성을 높이기 위해 개발한 도구 소프트웨어와 데이터 수집 하드웨어를 포함한 솔루션입니다.
로터스 로보틱스는 고급 플랫폼 소프트웨어, 클라우드 도구 체인, 통합 하드웨어 및 소프트웨어 개발을 포함한 포괄적인 지능형 주행 솔루션을 제공합니다. 또한 이 회사는 일본의 주요 통신사에 기술을 확장할 계획입니다. 이러한 확장은 로터스 테크가 최근 일본과 한국에 지능형 하이퍼 SUV인 엘레트레 모델을 전달한 것과 일치합니다.
Lotus Technology Inc. (Nasdaq: LOT) a annoncé que son bras de conduite intelligente, Lotus Robotics, a été sélectionné pour fournir un fournisseur de premier niveau japonais de classe mondiale. Cela marque une étape significative pour Lotus Tech pour entrer sur le marché japonais avec sa technologie de conduite intelligente avancée. La sélection concerne Robo Galaxy, une solution qui comprend des logiciels d'outils et du matériel de collecte de données développés par Lotus Robotics afin d'améliorer l'efficacité du développement de solutions de conduite intelligente.
Lotus Robotics propose des solutions complètes de conduite intelligente, y compris des logiciels de plateforme avancés, des chaînes d'outils cloud et un développement intégré de matériel et de logiciels. L'entreprise cherche également à étendre sa technologie aux grandes entreprises de télécommunications au Japon. Cette expansion s'aligne avec la livraison récente du modèle Eletre, un hyper SUV intelligent, par Lotus Tech au Japon et en Corée.
Lotus Technology Inc. (Nasdaq: LOT) hat angekündigt, dass ihr intelligenter Fahrarm, Lotus Robotics, ausgewählt wurde, um einen weltklasse japanischen Tier-1-Lieferanten zu beliefern. Dies ist ein wichtiger Schritt für Lotus Tech, um mit seiner fortschrittlichen intelligenten Fahrtechnologie in den japanischen Markt einzutreten. Die Auswahl betrifft Robo Galaxy, eine Lösung, die Software-Tools und Hardware zur Datenerfassung umfasst, die von Lotus Robotics entwickelt wurden, um die Effizienz in der Entwicklung von Lösungen für intelligentes Fahren zu verbessern.
Lotus Robotics bietet umfassende Lösungen für intelligentes Fahren an, einschließlich fortschrittlicher Plattformsoftware, Cloud-Toolchains und integrierter Hardware- und Softwareentwicklung. Das Unternehmen strebt auch an, seine Technologie auf große Telekommunikationsunternehmen in Japan auszudehnen. Diese Expansion steht im Einklang mit der kürzlichen Lieferung des Eletre-Modells, einem intelligenten Hyper-SUV, durch Lotus Tech in Japan und Korea.
- Selection by a world-class Japanese tier-one supplier for Robo Galaxy solution
- Entry into the Japanese market with advanced intelligent driving technology
- Potential expansion to major telecommunications companies in Japan
- Delivery of Eletre model in Japan and Korea
- Diversification of business portfolio through intelligent driving services
- None.
Insights
Lotus Robotics' selection to supply a Japanese tier-one supplier marks a strategic expansion into the competitive Japanese automotive market. The Robo Galaxy solution, offering tool software and data collection hardware, positions Lotus as a technology provider rather than just a vehicle manufacturer. This diversification could enhance revenue streams and reduce dependency on vehicle sales.
The move to offer solutions to OEMs, tier-one suppliers and potentially telecom companies demonstrates a B2B strategy shift. This could lead to
Lotus Tech's entry into Japan through its robotics arm is a calculated move to tap into one of the world's most advanced automotive markets. Japan's reputation for high-quality manufacturing and technological innovation makes it a challenging but potentially lucrative market. The company's strategy to target both automotive and telecom sectors shows a multi-pronged approach to market penetration.
The recent launch of Eletre in Japan and Korea aligns with this expansion, targeting luxury consumers in established markets. This dual approach of B2B technology provision and B2C luxury vehicle sales could create synergies, enhancing brand perception and potentially accelerating adoption of Lotus' intelligent driving technologies.
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global intelligent luxury mobility provider, today announced that its intelligent driving arm, Lotus Robotics, has been selected to supply to a world-class Japanese tier-one supplier, marking a vital step for Lotus Tech to enter into the Japanese market through its cutting-edge intelligent driving technology.
The selection by the Japanese tier-one supplier relates Robo Galaxy, the solution including tool software and data collection hardware developed by Lotus Robotics which enable businesses to improve the efficiency of development of intelligent driving solutions. Lotus Robotics provides comprehensive intelligent driving solutions, including advanced intelligent driving platform software, cloud toolchains, integrated hardware and software development, and intelligent driving operation solutions.
As previously announced, Lotus Robotics has provided end-to-end intelligent driving solutions to both Lotus-brand intelligent vehicles and other global leading OEMs such as Lynk&Co and Farizon Auto. In addition to offering its solutions to OEMs and tier-one suppliers, Lotus Robotics is seeking to extend its intelligent driving technology to major telecommunications companies in Japan.
“The entry into the Japanese market is a significant step forward in our journey to becoming a global leader in luxury vehicles and intelligent driving solutions,” said Qingfeng Feng, CEO of Lotus. “By partnering with key stakeholders across various industries, we aim to drive the future of intelligent mobility and continue providing cutting-edge solutions to meet the evolving needs of our clients.”
Lotus Tech recently started the deliveries of its Eletre model, the intelligent hyper SUV, in Japan and Korea, the established markets for luxury consumption which are also recognized for their welcoming embrace of advanced technologies. As Lotus Robotics continues to expand its technology services to global clients, the Company expects this intelligent driving business to further diversify its business portfolio, generate high-margin revenue and accelerate the Company’s growth.
About Lotus Technology
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Tech undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Contact Information
For investor and media inquiries
Demi Zhang
ir@group-lotus.com
FAQ
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