BRIEF: Robosense’sloss narrows sharply on strong revenue gains
Light detection and ranging (LiDAR) technology manufacturer Robosense Technology Co. Ltd. (2498.HK) said on Monday it expects to report its revenue last year rose to between 1.63 billion yuan ($225…
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…
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…