Supplier News

RoboSense unveiled the product called RS-LiDAR-E1, its first all-solid-state LiDAR, becoming another player in the field.

The LiDAR, which will be used primarily on the sides of the body, has already received more than 1 million unit orders from car companies, according to Hesai.

Hesai is also building a new $200 million factory with a planned annual capacity of more than 1 million units, which is expected to be operational by 2023.

Over the past two years, Innovusion and Nio have worked closely together to optimize the entire high-performance LiDAR supply chain, the LiDAR maker said.

In a joint project between the two, Innovusion's Falcon ultra-long-range LiDAR will serve as the primary vision radar on TuSimple's heavy truck models.

Xpeng is Zvision's sixth-largest shareholder with a 5.77356 percent stake. Baidu is the ninth-largest shareholder with a 5.00001 percent stake.

The two aim to drive large-scale adoption of high-performance LiDARs and accelerate the commercial use of high-level autonomous driving.

The RS-LiDAR-M1 is the world's first mass-produced solid-state LiDAR, the company said, adding that it has now completed more than a dozen deliveries.

Chinese LiDAR supplier Hesai Technology and autonomous driving system developer WeRide have entered into a strategic partnership to jointly promote the adoption of driverless technology.

Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.