iMotion Automotive Technology wins ADAS supply deal with Korean automotive group

Reuters
01/13
iMotion Automotive Technology wins ADAS supply deal with Korean automotive group

iMotion Automotive Technology (Suzhou) Co. Ltd. announced that it has been selected by a Korean automotive group as a supplier of advanced driving assistance systems (ADAS) solutions for four vehicle models. The company will provide integrated parking-and-driving ADAS solutions based on the Horizon Robotics' Journey® series computing platform. The expected sales volume over the lifecycle of these models, from 2026 to 2033, is anticipated to reach one million units, with nearly half of the units to be sold in overseas markets. The company stated that this cooperation marks a significant step in its internationalization strategy and will actively advance the related research and development projects, while implementing strengthened risk management. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iMotion Automotive Technology (Suzhou) Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260113-11988878), on January 13, 2026, and is solely responsible for the information contained therein.

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