iMotion Technology (01274.HK): Secures Nomination from a South Korean Automotive Group to Supply Integrated Driving and Parking Assistance Solutions
On January 14th, iMotion Automotive Technology (Suzhou) Co., Ltd. (01274.HK) released a voluntary announcement, stating that the company has recently received a Nomination for Development Notice from a South Korean automotive group. It has been appointed to supply integrated driving and parking assistance solutions based on Horizon Robotics Journey® series computing platforms for four vehicle models of the group.
The company indicated that the expected sales volume of these solutions for the aforementioned four vehicle models over their entire lifecycle (2026 to 2033) is expected to hit one million units, with nearly half to be sold in overseas markets. This collaboration is regarded as a key breakthrough in the company’s international expansion strategy, and also demonstrates that its systematic capabilities meet the high-standard requirements of the global market, which will help further consolidate and enhance its market competitiveness.
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