PRNewsWire
29 May 2026, 09:49 UTC · 9h ago
Source · https://www.prnewswire.com/news-releases/ecarx-and-tpk-to-co-develop-orca-lidar-platform-an-all-new-lidar-platform-for-global-markets-302785538.html
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ECARX and TPK have signed a binding agreement to co-develop the ORCA LiDAR platform for global automotive and robotaxi markets. — The entry into a new high-growth hardware sector (LiDAR) and the creation of a proprietary platform expands ECARX's total addressable market and revenue potential.
+0.60Mass production of the ORCA LiDAR platform is scheduled to begin in 2028 at TPK's facility in Thailand. — Provides a concrete timeline for commercialization and ensures a scaled manufacturing path, though the 2028 date is distant.
+0.30The partnership combines ECARX's system integration and software with TPK's optical engineering and manufacturing capabilities. — Synergistic technical alignment reduces development risk and increases the likelihood of a viable commercial product.
+0.20Ticker attribution
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TPK is leveraging its manufacturing strength to co-develop a new global LiDAR platform.
The company is expanding its ecosystem and entering the LiDAR sector through a strategic partnership.
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