Ling Zhou's questions to Lotus Technology Inc (LOT) leadership • Q3 2024
Question
Ling Zhou from UE Capital asked about the total R&D investment in Lotus Robotics to date, the expected future investment, and whether the company has any plans to capitalize its intelligent driving business separately.
Answer
CEO Feng Qingfeng stated that ADAS technology requires continuous investment as the user base and data grow, rather than a one-time expense. He confirmed that investment will be prioritized in intelligent chassis, smart cockpit, and autonomous driving to maintain a competitive edge and build a second revenue stream. Mr. Feng also clarified that there is currently no plan to capitalize the intelligent driving business separately.