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iMotion Automotive Secures Nomination for ADAS Solutions Supply

Story Highlights
  • iMotion Automotive specializes in ADAS solutions, enhancing market competitiveness.
  • The company received a nomination to supply ADAS solutions, strengthening its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ) has issued an announcement.

iMotion Automotive Technology has received a letter of nomination from a leading independent brand to supply ADAS solutions for a vehicle model, utilizing Horizon Robotics’ Journey 6M chip. This nomination highlights the company’s recognized research and development capabilities, strengthening its market position and collaborative relationships. The company plans to actively promote these R&D projects while managing risks associated with market fluctuations.

More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H

iMotion Automotive Technology (Suzhou) Co., Ltd. is a joint stock company based in China, specializing in advanced driving assistance systems (ADAS) solutions. The company focuses on integrating software and hardware for automotive applications, enhancing its market competitiveness.

Average Trading Volume: 5,321,430

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.63B

Learn more about 1274 stock on TipRanks’ Stock Analysis page.

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