RoboSense CEO looks forward to 2024, and is expected to hit the sales target of 1 million units

Qiu Chunchao, CEO of RoboSense, said in a financial report conference call that the demand for LiDAR industry will continue to grow in 2024, and RoboSense is expected to achieve a sales target of 1 million units. In 2023, RoboSense's R&D expenditure increased from 306 million yuan in 2022 to 635 million yuan, a year-on-year increase of 107.6%. The company is increasing its R&D investment to promote the upgrading of LiDAR technology.