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Stock impact report

Lotus Deploys Ambarella’s Oculii™ AI 4D Imaging Radar Technology in L2+ Semi-Autonomous Systems for Eletre SUV and Emeya Hyper-GT Electric Vehicles

Ambarella, Inc. - Ordinary Shares (AMBA) 
Last ambarella, inc. - ordinary shares earnings: 3/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ambarella.com/investor-relations
Company Research Source: GlobeNewswire
SANTA CLARA, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced in advance of AutoSens Europe that its Oculii™ AI 4D imaging radar technology is deployed worldwide in the 2023 and 2024 Lotus Eletre electric hyper-SUV as well as the 2024 Lotus Emeya fully electric hyper-GT from Lotus Technology. The vehicles’ L2+ semi-autonomous systems that have benefited from this groundbreaking radar technology include highway and urban navigation on autopilot (NOA) and automatic emergency braking (AEB), where the ultra-long detection range of over 300 meters provides more time to safely react to vehicles and other objects while traveling at highway and racetrack speeds. These systems were developed by Lotus Robotics, a wholly owned subsidiary of Lotus, as part of its autonomous driving platform. Ambarella’s Oculii radar technology is providing ultra-fine angular resolution of one degree in both vehicles, using only six t Show less Read more
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