Appotronics Expands Production Capacity to Tap into the Growing Smart EV Market
The Shenzhen-based laser display technology developer, Appotronics, is set to increase its production capacity to meet the rising demand for intelligent electric vehicles (EVs). With plans to begin production at a new facility dedicated to the automotive optics business, the company aims to generate up to a third of its total revenue from this sector. Founder and CEO Li Yi believes that the growth of their car-related business will surpass the overall Chinese EV market due to the increasing interest in digital cockpits.
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