- Deutsche Bank forecasts Seyond's revenue to increase nearly five-fold to $718 million by 2028, driven by a rise in LiDAR shipments from 332,000 units in 2025 to 2.8 million units by 2028.
- The growth is supported by rising LiDAR penetration in China, expanding customer relationships, and opportunities in the robotics sector.
- Risks include reliance on Nio for 95.4% of shipments and potential competitive pressures in the rapidly evolving LiDAR market.