Hesai Group

The latest news and top stories on the Hesai Group. A leading entity in the technology sector, Shanghai-based the Hesai Group specialises in three-dimensional lidar solutions. It primarily serves global automotive OEMs, autonomous vehicle and robotics companies, providing products for advanced driver assistance systems and autonomous mobility. Hesai is a global leader in automotive lidar, holding significant market share and achieving non-GAAP profitability. Despite a US court ruling upholding its blacklisting over alleged dual-use technology, Hesai asserts its products are strictly for commercial use. Its overall business focus is on innovation, in-house manufacturing and global expansion.

Hesai Group

Lights, camera, traction: China’s EV race rolls out film-projecting headlights

Ultra-fast charging technology and a wave of smart features are helping Chinese EVs win over overseas buyers.

Chinese EV makers bet on in-house chips to make cars smarter and more autonomous

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

China’s low-cost EVs to be fitted with lidar systems, usually saved for lux cars

Intense competition, rapid tech advancement and falling costs allow the superior driving systems to be fitted into budget-price vehicles.

China’s Hesai adds colour to lidar to help EVs level up in self-driving

Colour-capable sensors to ‘significantly enhance’ sensing, helping cars identify traffic lights, construction signs, Deutsche Bank says.

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Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.

Hangzhou ‘Six Little Dragons’ member Manycore seeks US$130m from Hong Kong IPO

The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17.

China’s lidar giants pivot to robotics in boost supply chain dominance

Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.

Hong Kong stocks extend rebound on signs of diplomatic path in Iran conflict

Investors cheered progress on peace talks and falling crude prices, helping the Hang Seng Index rise for a second day.

Index compiler MSCI tilts towards Chinese tech stocks in latest revamp

A net 21 stocks were added to the MSCI China Index, including SenseTime, Pony.ai and Hesai Technology.

Chinese automotive suppliers speed up localisation to boost global market share

International carmakers’ orders from Chinese vendors are an endorsement of the quality and competitiveness of their products, analyst says.

Tesla hits record sales; China carmakers eye third of global market: 7 EV reads

From automakers doubling down on discounts to Chinese robotaxis in the Middle East, here are seven EV stories you may have missed.

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

BYD ups the ante on L3 autonomous cars, begins testing for mass production

BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.

Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving

The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

DJI appeals inclusion on Pentagon’s ‘Chinese military companies’ list

DJI has been fighting the US government’s classification for years. The drone manufacturer argues it only makes products for civilian use.

Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs

The firms stand to raise US$2.3 billion and US$1.1 billion, respectively, based on the prices of their US-listed shares.

US judge upholds Pentagon listing of DJI as Chinese military-linked firm

The Shenzhen-based company is the global leader in drone production and accounts for more than 50 per cent of US commercial sales.

HKEX reforms have made city world’s top fundraising hub for EV makers: official

The market cap of new energy and EV companies in Hong Kong has grown sixfold in 10 years to US$806 billion, Salina Yan says.

Chinese lidar maker Hesai loses lawsuit against US government for blacklisting

Hesai, the world’s largest maker of automotive lidar sensors, was added to the Pentagon’s blacklist last year.

EVs | Chinese carmakers gear up for L3 self-driving roll-out