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…
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…
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…
Saimo Tech revs up for another IPO race after two false starts
The provider of simulation testing for smart cars has refiled to list its shares in Hong Kong, but investors may be concerned about its falling profit margins Key Takeaways: The…
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