iMotion Announces Mass Production of L4 Controller iDC700; Secures RMB750.00 Million in Unmanned Logistics Orders

Bulletin Express05-20 19:03

iMotion Automotive Technology (Suzhou) Co., Ltd. (IMOTIONTECH, 01274.HK) disclosed that its L4 autonomous-driving domain controller, iDC700, has officially entered mass-production and delivery. The first batch of unmanned logistics vehicles equipped with the controller is already in road operation, signaling the product’s transition from engineering validation to commercial deployment.

Leveraging platform migration and technology reuse, iMotion expects rapid, high-quality scaling of the iDC700 across additional projects. The company has received a new letter of nomination for an unmanned logistics vehicle domain controller from a leading domestic technology firm and now holds multiple contracts with two major domestic OEMs.

Across all secured projects, cumulative sales of the iDC700 over a three-year post-launch horizon are projected to reach approximately RMB750.00 million. Management highlights that the validated software-hardware integrated platform enhances control over quality, efficiency, and cost, laying groundwork for broader rollout in “stable, efficient and replicable” logistics scenarios.

The company plans to continue investing in research, development, and mass-production capabilities while tightening risk management to navigate market uncertainties associated with unmanned logistics vehicle demand.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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