The company sources raw materials through standard manufacturing processes from multiple suppliers, while certain complex components are obtained from single or limited sources. Key suppliers of these components include NVIDIA Corporation and Ouster, Inc., as well as other vendors providing cameras, ultrasonic sensors, electronic motors, and modems. The company faces competition for these components and potential industry-wide shortages, which may result in extended lead times and price fluctuations. To address supply risks, the company seeks alternative suppliers and establishes strategic partnerships and agreements. Manufacturing and assembly of robots are conducted by third-party contract manufacturers, including firms responsible for subassembly components.
Serve Robotics Inc's Comment on Supply Chain
The company sources raw materials through standard manufacturing processes from multiple suppliers, while certain complex components are obtained from single or limited sources. Key suppliers of these components include NVIDIA Corporation and Ouster, Inc., as well as other vendors providing cameras, ultrasonic sensors, electronic motors, and modems. The company faces competition for these components and potential industry-wide shortages, which may result in extended lead times and price fluctuations. To address supply risks, the company seeks alternative suppliers and establishes strategic partnerships and agreements. Manufacturing and assembly of robots are conducted by third-party contract manufacturers, including firms responsible for subassembly components.
Sources:
Serve Robotics Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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