Market PenetrationHorizon Robotics' Journey solutions have been deployed in more than 1 million BYD vehicles, indicating strong market penetration in the mass-market EV segment.
Market Share GrowthHorizon Robotics is expected to capture a 54% market share among Chinese OEMs by capitalising on the localisation of auto chips and penetrating more mass-market EVs.
Product PortfolioThe company's ADAS solutions are supported by a comprehensive product portfolio with flexible offerings and competitive pricing, which is expected to increase market share from 40% to 54%.