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Hesai Group

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.
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.

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

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.

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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.

The DJI logo is displayed at the Innovation for All trade fair in Berlin earlier this month. Photo: Reuters
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