Thursday 25 May 2023
Robust LiDAR demand grows Hesai's revenue by 73% in 1Q2023
China-based automotive LiDAR company Hesai Group reported its strongest financial results for the first quarter of 2023. It saw revenue increase by 73% year-over-year, thanks to surging...
Tuesday 28 March 2023
LiDAR maker Hesai to set up global software R&D center in Chongqing
China-based LiDAR company Hesai Technology will expand its software effort in Chongqing, one of the automotive production hubs in the country. The company plans to establish a global...
Friday 17 March 2023
LiDAR provider Hesai first time reports 66.9% revenue increase in 2022
China-based LiDAR provider Hesai Technology released its first public financial report on March 15. The company achieved a 66.9% increase in net revenues in 2022, with product shipment...
Tuesday 31 January 2023
China LiDAR startup plans US listing
Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources.
Monday 29 November 2021
Major Chinese tech firms see opportunities in LiDAR market
LiDAR (light detection and ranging) technology, a crucial element in autonomous mobility, has attracted great interest from major tech companies in China as they poured tens of millions...