RoboSense Releases 2024 Annual Results: Leading LiDAR Market Share and Paving the Way for AI Robotics Growth | RoboticsTomorrow

RoboSense Technology Co., Ltd. (“RoboSense” or the “Company”; Stock Code: 2498.HK), a pioneering AI-driven robotics technology company, launched its audited monetary outcomes for 2024, covering the Company and its subsidiaries (collectively, the “Community”).

Amid the like a flash proliferation of radiant utilizing and the booming robotics industry, the Community accomplished solid industry enhance. In 2024, whole earnings reached approximately RMB 1.65 billion, representing a YOY amplify of 47.2%, marking three consecutive years of high enhance. Complete LiDAR gross sales of roughly 544,000 fashions, an amplify of 109.6% YOY. Driven by improved lean management and operational effectivity, the Community tremendously diminished general losses and enhanced profitability. The final dart margin for 2024 turn out to be as soon as approximately 17.2%, with Q4 dart margin reaching 22.1%. The adjusted discover loss lowered by 8.9% YOY to RMB 396 million.

At some stage in the earnings call, Brand Qiu, CEO of RoboSense, shared insights into the Community’s achievements in LiDAR for ADAS, Robotaxi, and robotics, along with the most up-to-date progress in its embodied intelligence innovation industry. In LiDAR, the Community ranked No.1 in L2+ automobile installations and saw like a flash enhance in L3/L4 autonomy and robotics—including industrial warehousing, industrial operations, and user intelligence—while securing a few production nominations. Significantly, in Robotaxi and unmanned shipping, the Community secured more key industry customers, demonstrating a solid market earnings. In embodied intelligence, the Community has outlined its device and evolved applied sciences in areas bask in robotic vision and dexterous hands, gaining a solid technical edge. It has formed strategic partnerships with over 10 world humanoid robotics companies, including Unitree, to explore progressive commercialization fashions.

Financial Highlights

Complete earnings reached RMB 1.65 billion in 2024, a YOY amplify of roughly 47.2%, with earnings from LiDAR for ADAS applications reaching RMB 1.34 billion, up approximately 71.8% YOY.

With industry enlargement and improved effectivity, dart earnings reached RMB 280 million, with a 17.2% margin — an 8.8 percentage functions amplify from 2023. The margin improved every quarter, rising from 12.3% in Q1 to 22.1% in Q4. LiDAR for ADAS saw a most main turnaround, shifting from a 5.9% loss in 2023 to a 13.4% earnings margin in 2024.

In the case of earnings and loss, the Community’s general loss narrowed tremendously, with an adjusted discover lack of roughly RMB 396 million in 2024, representing a decrease of about 8.9% when compared with the earlier year.

To pressure future enhance, RoboSense increased R&D spending to spherical RMB 620 million in 2024. Of this, approximately RMB 250 million (41.0% of whole R&D expenses) turn out to be as soon as invested in progressive agencies, mainly focusing on robotics and AI, including robotic platforms and core parts, making sure prolonged-term sustainable enhance.

Industry Highlights

In 2024, the Community’s LiDAR gross sales reached approximately 544,000 fashions, a 109.6% YOY amplify, with 519,800 fashions for ADAS applications, reflecting a 113.9% YOY enhance.

No. 1 Market Piece in Global Automotive LiDAR

In the ADAS market, the adoption of L2+ evolved driver assistance systems has accelerated. Over 10 car fashions in the RMB 150,000-200,000 vary were industrially produced and launched with RoboSense LiDAR. Furthermore, in January, RoboSense launched the arena’s first “thousand-beam” prolonged-vary digital LiDAR, EM4, which has already secured a few nominations for mass production from both domestic OEMs and international main emerging automobile producers.

In accordance with Gasgoo Learn Institute’s 2024 LiDAR provider rankings, RoboSense held a 33.5% market piece, ranking No.1 in world automobile LiDAR installations. In February 2025, RoboSense accomplished a important milestone by rolling off its 1-millionth LiDAR unit, E1R, changing into the main Community globally to bring 1 million high-resolution LiDAR fashions. From January to March 2025, RoboSense supported 15 partnered car fashions in reaching substantial-scale mass production, including GAC Toyota Bozhi 3X, Trumpchi S7, and Geely Galaxy E8.

RoboSense has accomplished powerful success in international markets. In 2024, the Community secured an complete of 8 international and Sino-international joint enterprise stamp partnerships, including a brand unusual top-tier Sino-American joint enterprise automaker and all three of Japan’s top automakers, covering most main automobile markets in Europe, North The US, and Asia-Pacific.

Secured More than one Core Leading Enterprises in L4

RoboSense’s actual, reliable, and high-efficiency automobile-grade LiDAR merchandise strongly enhance the substantial-scale industrial application of Robotaxi. The Community has already secured mass production contracts with several world main L4 self sufficient utilizing companies. In the Robotaxi and Robotruck sectors, RoboSense has established partnerships with most core industry leaders, six of which get hang of already signed formal mass production agreements, including Pony.ai, WeRide, and top L4 self sufficient utilizing companies in Silicon Valley, North The US.

Preferred Accomplice for Leading Customers in More than one Sectors

In industries such as industrial warehousing, industrial operations, and user intelligence, RoboSense has secured a vast sequence of contracts with top world customers. The Community has established bulk production partnerships with European and North American companies in industrial warehousing and has also captured a important piece of the unmanned shipping market. As of December 31, 2024, RoboSense has supplied merchandise and products and services to over 2,800 customers in robotics and associated industries worldwide. In 2025, the Community accelerated collaboration with emerging robotics industry partners, forming strategic partnerships with companies such as Coco Robotics, Rhino Robotics, Kua Robotics, EasyGo Clear Riding, New Stone Robotics, and LionsBot, empowering the substantial-scale industrial application of robotics.

Momentum in Embodied Intelligence Industry and Ecological Area of interest Advantage

In the discipline of embodied intelligence, the Community has made important progress with its prolonged-term technological investments, growing incremental parts and solutions bask in robotic vision and dexterous hands, setting up a solid ecological earnings.

In March 2025, the Community launched its first Active Camera AC1, which integrates depth, portray, and motion data with hardware-stage fusion. It also offers vogue instruments and begin-source algorithms via its AI-Willing ecosystem. In January, the Community launched the 2nd-era dexterous hand, Papert 2.0, and a brand unusual digital LiDAR sequence, advancing the application of embodied radiant robots.

The Community has formed strategic partnerships with over 10 humanoid robotics companies globally, including Unitree, Humanoid Robotics (Shanghai) Co., Ltd., and other well-identified world companies.

With its technological achievements and investment in progressive agencies, the Community has been integrated in the core industry blueprint for humanoid robots by famed investment review institutions such as Morgan Stanley and Goldman Sachs.

Leading LiDAR into the Digital Period with First-Discipline Patent Rankings

RoboSense has made important progress in chips, hardware, and AI, setting up a solid world patent system. On the cease of 2024, the Community led the industry with 641 printed patents in the “China’s High 15 Innovators in LiDAR Patent Disclosure for Radiant Linked Autos” checklist. It also won the “China Excellence Patent Award” for breakthroughs in AI fusion understanding algorithms. Right here’s also the industry’s first nationally known patent award for AI algorithm-driven advancements in environmental understanding.

In 2024, RoboSense became the main to mass-invent a sequence of digital LiDARs, leveraging its self-developed SPAD-SoC chip and digital signal processing architecture, reaching breakthroughs in resolution and accuracy. The Community leads in chip integration across key LiDAR system modules, including the MEMS scanning system, VCSEL array, SPAD array, and LiDAR-particular SoC.

Efficiency Outlook

Attempting ahead, RoboSense will leverage its technological management in elephantine-stack chip integration and diverse product matrix in the LiDAR discipline to originate product applications focused on emerging industry tendencies and more application eventualities, unlocking unusual enhance opportunities. The Community will continue investing in embodied intelligence to attach its 2nd enhance curve, advancing in direction of its vision of becoming a world chief in robotic technology platforms.

To get hang of the 2024 Annual Results, please seek recommendation from: https://file-mediate about.comein.cn/onlinePreview?url=aHR0cHM6Ly9tZWRpYS5jb21laW4uY24vY29tZWluLWZpbGVzL3BkZi8yMDI1LTAzLTMxLzk0Y2EwMzJkYTkwMjQyYzA4MzIyM2M3NmFhZWJmNjFmL2QxMWI1ZDI5OThjNzQ0MjI5ODViMTVlM2FjNzAzYzI0LlBERg%3D%3D&officePreviewSwitchDisabled=correct kind&officePreviewType=pdf&watermarkTxt=

About RoboSense

RoboSense (2498.HK), based in 2014, is an AI-driven robotic technology company that offers evolved and reliable incremental parts and solutions for the robotic industry. The company is committed to “turn out to be a world chief in robotic technology platforms,” and its mission is “Safer world, Smarter existence.” For more data about RoboSense, seek recommendation from https://www.robosense.ai