Horizon Robotics' top five customers contributed 68.8% of its revenue

Between 2021 and 2023, Horizon Robotics' top five customers contributed 68.8% of its total revenue. Among them, the largest customer brought 40.4% of Horizon's revenue in 2023. These customers mainly include OEMs and Tier 1 suppliers. At present, the front-view integrated machine solution built on Journey 2 and Journey 3 has been applied to many mainstream models in the industry, including Lynk & Co 07 EM-P, the new generation of Jetour X70 PLUS, Geely Galaxy E5, Nezha S, Star Era ES, Venucia VX6, etc., to achieve cross-level assisted driving functions. With a cumulative shipment of more than 6 million pieces of the Journey family, Horizon has cooperated with more than 30 car companies to launch more than 110 mass-produced models.