Hesai Technology (HSAI) announced that it will deepen its cooperation with BYD (BYDDF) and will provide automotive lidar for more than 10 BYD models. The models are expected to enter mass production in 2025. In 2024, BYD sold over 4M intelligent driving-equipped vehicles, surpassing all domestic competitors. This week, BYD announced that all its models will be equipped with “God’s Eye”, BYD’s next-generation advanced driver assistance system, ensuring that ADAS features are accessible to everyone. As an integral component in vehicles featuring navigation on autopilot for cities and highways, lidar will empower two variants of “God’s Eye” systems.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSAI:
- Hesai, Outsight and Embotech collaborate in automated vehicle driving in-plant
- Hesai secures design wins for multiple Chery Automobile models
- Hesai upgraded to Buy from Neutral at Goldman Sachs
- Hesai downgraded to Equal Weight from Overweight at Morgan Stanley
- Boeing slips after Jeju Air crash, HashiCorp-IBM draws review: Morning Buzz