On November 12, Ningbo Lotus Robotics Co., Ltd. was formally established. The two parties to the joint venture are the ultra-luxury sports car brand Lotus (60% holding) and Momenta (40% share). Industrial and commercial information shows that the registered capital is 100 million yuan.
On November 12, Ningbo Lotus Robotics Co., Ltd. was formally established. The two parties to the joint venture are the ultra-luxury sports car brand Lotus (60% holding) and Momenta (40% share). Industrial and commercial information shows that the registered capital is 100 million yuan. It is worth noting that this is the first joint venture jointly initiated by a domestic passenger car company and an autonomous driving company.
"Ningbo Lotus Robotics Co., Ltd. shareholding structure diagram"
Momenta (initial speed technology) can provide different levels of autonomous driving solutions, and realize the large-scale implementation of unmanned driving more efficiently and quickly. It is understood that Momenta just announced a $1 billion Series C financing at the beginning of the month. Investors include SAIC, GM, Toyota, and Bosch. Momenta has confirmed that it provides high-end autonomous driving solutions for SAIC Zhiji's first sedan.
It is understood that in addition to Lotus, there is also a domestic new energy car company that plans to establish a similar joint venture with Momenta. This also means that the competition on the electric car track will enter a new stage. Just like the Ningde era a few years ago, this type of joint venture was used to expand the market.
According to Lotus's plan, a pure electric smart SUV code-named Type 132 will be launched in 2022, which will be benchmarked with Porsche Cayenne or Tesla Model X. This car uses an active air intake grille design, with powerful performance, 0-96km/h acceleration time is about 3 seconds. The establishment of the new company may prepare for mass production of the intelligent driving function on the Type 132.
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