Hesai

The new order will cover more than 10 models under the top European automaker's Chinese joint venture brands.

Hesai's Q1 net revenues reached 680.6 million yuan, with total LiDAR shipments more than doubling year-on-year.

Rivian is considering making its own LiDAR sensors in the US using Chinese technology, rather than buying directly from Chinese suppliers.

Hesai released a new chip named Picasso, which achieves the fusion of color perception and distance measurement at the underlying hardware level.

Hesai achieved a net income of 435.9 million yuan ($62.3 million) in 2025, marking its first full-year profitability.

As LiDAR costs drop significantly to around $200, the sensor is beginning to penetrate from passenger cars into the two-wheeler market.

Hesai will support Nvidia's Drive Hyperion 10 in achieving L4 fleet deployment.

Hesai will supply LiDARs for food delivery giant Meituan's drones, marking a major breakthrough in markets beyond automotive LiDAR.

Hesai's lawsuit comes as Seyond prepares for its Hong Kong listing.

As of this writing, Hesai rose 11 percent to HK$236.2 per share in Hong Kong, with a market capitalization of HK$36 billion.