Ling Zhou's questions to Lotus Technology (LOT) leadership • Q3 2024
Question
Ling Zhou from UE Capital inquired about the total R&D investment to date in Lotus Robotics and the expected future investment levels. She also asked if the company has any plans to capitalize the intelligent driving business separately.
Answer
CEO Feng Qingfeng stated that ADAS technology requires constant, ongoing investment rather than a one-time expense, as the user and data base grows. He confirmed that Lotus will continue to invest in this area as it is a key differentiator and a crucial second revenue stream. Mr. Feng also clarified that the company currently has no plans for a separate capitalization of the Lotus Robotics business.