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…
BRIEF: Robosense raises HK$270 million in share placement at 8% discount
Light detection and ranging (Lidar) technology manufacturer Robosense (2498.HK) announced on Wednesday it placed 10 million new shares, or about 2.22% of its enlarged share capital, at a price of…
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…
When will profits arrive for RoboSense?
The maker of autonomous driving LiDAR technology reported sequentially improving sales in its operating data for the first nine months of this year Key Takeaways: RoboSense’s unit sales for its…
Hesai fights ‘capricious’ U.S. Defense Department charges
The autonomous driving technology company has filed a motion to throw out the DoD’s determination that Hesai has ties with the Chinese military Key Takeaways: Hesai’s Nasdaq-listed shares have fallen…
NEWS WRAP: Hesai drives beyond China in new tie-up with Germany’s Webasto
The Chinese company will supply its light detection and ranging (LiDAR) technology used in autonomous driving to the German maker of automotive roof systems By Teri Yu Automotive light…
Hesai Group: No love on Wall Street for China’s rising LiDAR star
A week after announcing its latest results, the world’s largest maker of the autonomous driving technology’s shares are down nearly 60% from their February IPO price Key Takeaways: Hesai’s revenue…
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