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Hesai Group

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.
China stock market

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

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.

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