tiprankstipranks

Hesai announces lidar design with three automaker JVs in China

Hesai (HSAI) announced three automotive lidar design wins with global automakers’ joint ventures in China: General Motors (GM), Ford and a European automotive brand. These global OEM JVs plan to integrate Hesai’s automotive-grade, long-range lidar in their next-generation series production vehicles to advance the development and adoption of intelligent driving. Mass production of these models is expected to begin as early as 2025.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue