Supplier News

Hesai's US IPO raised about $190 million, making it the largest IPO of a Chinese company in the US in the past 18 months.

RoboSense will provide RS-LiDAR-M series LiDARs for a number of FAW Toyota's best-selling models, promising accurate sensing capabilities for vehicles.

Innovusion's Falcon LiDAR is used in the sensing system of the Nio ET7, ES7 and ET5.

Zvision closes tens of millions of dollars in Series C funding, raising nearly $100 million this year.

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.