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...

Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources.

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...