NEWS WRAP: Hesai hits 2025 profit target one quarter ahead of schedule
The global leader in LiDAR solutions reported a record 256 million yuan profit in the third quarter, as its revenue and shipments grew significantly during the period By Teri…
NEWS WRAP: Seyond sued by rival ahead of Hong Kong SPAC listing
The lawsuit claims Seyond’s long-range Robin E1X closely resembles Hesai’s AT series LiDAR sensors in both product design and system architecture By Teri Yu Autonomous driving technology company Seyond…
BRIEF: Hesai jumps in Hong Kong trading debut
Shares of autonomous driving technology company Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…
BRIEF: Hesai plans second listing in Hong Kong
Autonomous driving technology company Hesai Group (HSAI.US) is seeking a second listing in Hong Kong to complement its current listing on the Nasdaq, according to a notice posted by the…
Smart driving equality: A battle for control of an emerging industry
As smart driving features trickle down to budget cars, the balance of power is shifting to automakers and away from their technology suppliers By Lee Shih Ta China’s autonomous…
Seyond may get stuck in slow-moving SPAC lane to Hong Kong listing
The maker of autonomous driving LiDAR sensors has agreed to a backdoor-listing deal under a 3-year-old Hong Kong SPAC program that has yet to gain much traction Key Takeaways: Seyond…
Hesai zooms ahead in third quarter, setting stage for milestone year
The autonomous driving sensor technology company posted 183% shipment growth in the third quarter and is rapidly approaching year-end profitability Key Takeaways: Hesai’s third quarter revenue rose 21.1% year-on-year to…
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