Total Contract Value of Lotus Technology's Intelligent Driving Solutions Nearing US$130 Million [Yahoo! Finance]
Lotus Technology Inc. (LOT)
Company Research
Source: Yahoo! Finance
mobility provider, announced that Lotus Robotics, a subsidiary of the Company, has to date achieved a total contract value of approximately US$130 million for its intelligent driving solutions, symbolizing a significant driver for the long-term and sustainable growth of the Company. Lotus Robotics has secured agreements with leading global auto conglomerates across Europe, Japan and other key markets with over 40% of total contract value from Europe and Rest of the World, demonstrating the global market recognition of its self-owned technologies. Close to 10 different models to be delivered to global car owners are expected to be equipped with Lotus Robotics' driving solutions in the next 2-3 years. “The delivery of intelligent vehicles will continuously enhance the development and geographic adoption of our proprietary technology to capitalize on the thematic growth trend,” said Qingfeng Feng, CEO of Lotus Tech. “Partnering with leading players around the world highlights our com
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LOT
News
- Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Lotus Technology Reports Unaudited Third Quarter and First Nine Months 2024 Financial ResultsGlobeNewswire
- Total Contract Value of Lotus Technology’s Intelligent Driving Solutions Nearing US$130 MillionGlobeNewswire
- Lotus Technology Announces Delivery Updates of First Ten Months of 2024GlobeNewswire
- Lotus Technology to Report Unaudited Third Quarter 2024 Financial Results on November 21, 2024GlobeNewswire
LOT
Sec Filings
- 11/21/24 - Form 424B3
- 11/21/24 - Form 424B3
- 11/21/24 - Form 6-K
- LOT's page on the SEC website