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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.

The Hesai booth at CES 2025 in Las Vegas, January 9, 2025. Photo: NurPhoto via Getty Images

Electric & new energy vehicles

China’s lidar giants pivot to robotics in boost supply chain dominance

Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.

31 Mar 2026 - 8:25PM

Hong Kong stock market

Hong Kong stocks extend rebound on signs of diplomatic path in Iran conflict

25 Mar 2026 - 5:35PM

China stock market

Index compiler MSCI tilts towards Chinese tech stocks in latest revamp

12 Feb 2026 - 7:30AM

Electric & new energy vehicles

Chinese automotive suppliers speed up localisation to boost global market share

International carmakers’ orders from Chinese vendors are an endorsement of the quality and competitiveness of their products, analyst says.

20 Jan 2026 - 7:30AM

BYD’s plant in Zhengzhou, central China’s Henan province. Photo: Xinhua

Electric & new energy vehicles

Tesla hits record sales; China carmakers eye third of global market: 7 EV reads

From automakers doubling down on discounts to Chinese robotaxis in the Middle East, here are seven EV stories you may have missed.

7 Jan 2026 - 12:28PM

Electric & new energy vehicles

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.

6 Jan 2026 - 4:31PM

Electric & new energy vehicles

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.

22 Dec 2025 - 7:30AMvideocam

Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters

Electric & new energy vehicles

BYD ups the ante on L3 autonomous cars, begins testing for mass production

BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.

18 Dec 2025 - 11:11AM

Electric & new energy vehicles

Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving

The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.

16 Dec 2025 - 1:13PM

Electric & new energy vehicles

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

13 Nov 2025 - 8:30AM

People pass the Hesai Group booth at CES 2025 in Las Vegas, Nevada, on January 9, 2025. Photo: NurPhoto via Getty Images

US-China trade war

DJI appeals inclusion on Pentagon’s ‘Chinese military companies’ list

DJI has been fighting the US government’s classification for years. The drone manufacturer argues it only makes products for civilian use.

15 Oct 2025 - 2:53AMvideocam

A DJI Matrice 400 enterprise drone hovers over a mountain range. The Chinese drone manufacturer is appealing its inclusion on the Pentagon’s “Chinese military companies” list. Photo: handout

Electric & new energy vehicles

Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs

The firms stand to raise US$2.3 billion and US$1.1 billion, respectively, based on the prices of their US-listed shares.

14 Oct 2025 - 9:08PM

US-China relations

US judge upholds Pentagon listing of DJI as Chinese military-linked firm

The Shenzhen-based company is the global leader in drone production and accounts for more than 50 per cent of US commercial sales.

27 Sep 2025 - 5:46AMvideocam

HKEX

HKEX reforms have made city world’s top fundraising hub for EV makers: official

The market cap of new energy and EV companies in Hong Kong has grown sixfold in 10 years to US$806 billion, Salina Yan says.

10 Sep 2025 - 5:04PM

Fundraising for mainland-based green and renewable energy start-ups was relaxed under the exchange’s Chapter 18C listing rules in March 2023. Photo: Edmond So

US-China tech war

Chinese lidar maker Hesai loses lawsuit against US government for blacklisting

Hesai, the world’s largest maker of automotive lidar sensors, was added to the Pentagon’s blacklist last year.

12 Jul 2025 - 11:21AM

In its US lawsuit, Hesai Group asserts that its products are “strictly for commercial and civilian use”. Photo: Handout