IMotion.ai

IMotion.ai

An AI and Robotics company.

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HKD231m

Post IPO Equity
Total Funding000k
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iMotion Automotive Technology (Suzhou) Co., Ltd. (1274.HK) is a publicly-traded company specializing in autonomous driving solutions. Founded in December 2016 in Suzhou, China, by CEO Shuangjiang Li and Walt Song, the company has established itself as a key player in the Chinese automotive market. Mr. Li brings over 14 years of automotive industry experience, including extensive management roles at Bosch, which has been pivotal to iMotion's strategic direction. The leadership team also includes Dr. Ulrich Lages, a pioneer in LiDAR technology and founder of IBEO, who serves as Chief Strategy Officer.

The company's core business revolves around the research, development, production, and sale of autonomous driving products, primarily serving original equipment manufacturers (OEMs). iMotion's business model focuses on providing integrated and embedded solutions that are both high-performance and cost-effective. This is achieved through full-stack R&D capabilities, encompassing everything from in-house algorithms and middleware to hardware design and manufacturing. Its product portfolio includes intelligent front cameras (iFC) and a series of intelligent driving domain controllers (iDC), which function as the 'brains' for vehicles, enabling perception, decision-making, and control. These products cater to a range of vehicles including passenger cars, commercial vehicles, and off-highway machinery. The firm's revenue is generated through the sale of these ADAS and AD domain controllers, as well as providing related R&D services like software development and functional safety validation. Key clients include major automotive brands like Geely, Zeekr, Volvo, and Chery.

Since its establishment, iMotion has reached significant milestones, including the setup of a manufacturing plant in 2018 and delivering over 100,000 domain controllers by 2022. A major achievement was its Initial Public Offering (IPO) on the Hong Kong Stock Exchange in December 2023. The company has a global footprint with a headquarters in Suzhou, a German R&D center, and service stations across Europe and Asia. Looking to diversify, iMotion has recently expanded into the robotics sector by establishing a subsidiary, iMotion Robot, to leverage its core autonomous driving technologies for applications in embodied intelligence. This strategic move includes collaborations, such as the one with Horizon Robotics to develop robotic controllers.

Keywords: autonomous driving, ADAS, domain controllers, automotive technology, intelligent front camera, computer vision, sensor fusion, vehicle control algorithms, embedded solutions, automotive software, automotive hardware, OEM supplier, publicly traded, HKEX, Shuangjiang Li, Geely, Zeekr, robotics, embodied intelligence, hardware-software co-design, LiDAR technology, iDC, iFC, mass production, automotive R&D

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