Hesai
2025.05.27
16:09
Kuake Intelligence: Provides complete automation solutions for intelligent driving
Kuake Intelligence stated on the interactive platform that the company is deeply involved in the intelligentization of new energy vehicles. It has provided automated complete solutions for millimeter-wave radars, lidars, and cameras in ADAS, and automated production lines for One-box of controlled-line chassis. Its customers include Bosch, Faurecia, Hesai Technology, RoboSense, Senstech, Chuhang Technology, etc.
05:22
Hesai Technology: Net revenue in the first quarter was RMB 525.3 million (US$72.4 million), and revenue in the second quarter is expected to be between RMB 680 million (approximately US$93.7 million) and RMB 720 million (approximately US$99.2 million).
05:03
Hesai Technology: First quarter net revenue of RMB 525.3 million (US$72.4 million)
Hesai Technology: Net revenue in the first quarter was RMB 525.3 million (US$72.4 million).
2025.05.19
18:46
Hesai Technology was reported to have secretly submitted an application for listing in Hong Kong. The official response was no comment.
Hesai Technology was reported to have secretly submitted an application for listing in Hong Kong. The reporter verified with Hesai Technology, and the relevant person said that the company would not comment on this. From the perspective of business, Hesai Technology's shipments have increased significantly this year.
11:53
Hesai has been awarded the exclusive cooperation for the next generation of models of Great Wall Motors' ORA
Hesai Technology announced today that it has obtained the exclusive cooperation for the next generation of models of ORA, a new energy brand under Great Wall Motors. ORA models equipped with Hesai LiDAR are expected to be mass-produced and gradually delivered to users this year. In the future, Hesai will continue to work closely with multiple automobile brands under Great Wall Motors, including ORA and Weipai, to jointly promote the popularization of LiDAR technology and provide "invisible airbags".
2025.05.16
17:32
Hesai Technology's U.S. stocks rose more than 7% in pre-market trading, amid reports that it had secretly submitted an application for a listing in Hong Kong.
17:31
Hesai's US stock price rose more than 7% before the market opened
Hesai's US stocks rose more than 7% in pre-market trading, amid reports that it had secretly submitted an application for listing in Hong Kong.
17:30
Market news: Hesai Technology has secretly submitted an application for listing in Hong Kong and may complete the listing this year.
2025.04.30
16:27
The first national standard for automotive laser radar compiled by Hesai Technology has been officially launched
On April 25, approved by the State Administration for Market Regulation and the National Standardization Administration, Hesai Technology, as the lead unit and the first drafting unit, officially released and implemented the "National Standard for Automotive LiDAR GB/T45500-2025". The release of this standard not only fills the gap in domestic automotive LiDAR technical standards, but also lays a solid technical foundation for the ISO international standards led by Hesai Technology. This milestone marks a major breakthrough in my country's intelligent driving sensor standardization.
2025.04.11
12:36
Report: Chinese LiDAR brands account for 92% of the global market share
The "2025 Global Automotive LiDAR Market Report" released by Yole Group, an international market research and strategic consulting organization, shows that the global passenger car LiDAR market continues to grow rapidly, expanding by 68% year-on-year in 2024, and the market size has climbed to US$692 million. Thanks to the widespread application of high-level intelligent driving assistance systems equipped with LiDAR in the Chinese market, the global LiDAR market has ushered in rapid development, among which Chinese LiDAR brands account for 92% of the market share. RoboSense ranks first in the world with a market share of 26%, with annual sales of 519,800 units. Hesai Technology's annual sales reached 455,200 units, with a market share of 22.77%, ranking second in the world; Huawei's annual sales reached 421,600 units, with a market share of 21.09%, ranking third in the world.
2025.04.08
15:48
Hesai Technology and Leapmotor deepen cooperation and officially announce an order for 200,000 LiDARs
On April 7, Leapmotor and Hesai Technology officially reached a strategic cooperation agreement at the headquarters of Leapmotor. Leapmotor plans to purchase about 200,000 Hesai ATX LiDARs to cover a number of Leapmotor mass-produced models starting in 2025. As the exclusive LiDAR supplier of Leapmotor, Hesai will provide it with advanced perception technology support. This cooperation marks a new stage in the strategic cooperation between the two parties in the field of intelligent driving.
2025.03.29
04:09
Nasdaq Golden Dragon China Index initially closed down 3.1%
The Nasdaq Golden Dragon China Index initially closed down 3.1%. Popular Chinese concept stocks generally fell, with Hesai Technology falling about 12%.
2025.03.25
19:44
After the battle of intelligent driving among car companies started, a leading LiDAR manufacturer said: "Orders are booming", and the three giants have swallowed up more than 90% of the market
Since March, there have been constant reports of laser radars being installed in cars. The "arms race" among car companies for intelligent driving has escalated, and laser radar manufacturers have clearly become the big winners. An insider from a leading laser radar manufacturer said, "Orders have exploded." "For laser radar suppliers, they can basically see their volumes in the next 1-2 years through fixed-point orders. This year will be a year of large-scale volume increase." However, behind the explosion of orders, another insider from a laser radar manufacturer told Blue Whale Auto that the industry has a high degree of market concentration, but there are undercurrents among the top players. After car companies increase their volumes, they adopt the AB supply trend, and orders from laser radar manufacturers may be cut by each other. For example, BYD is currently cooperating with Sagitar, and some of its models are also supplied by Hesai Technology.
2025.03.19
15:44
Hesai responds to Blue Orca Capital's short selling: Strong opposition, accusations are groundless
In response to the short-selling by Blue Orca Capital, Hesai Technology said today that it has paid attention to the report released by Blue Orca Capital. Hesai has always adhered to strict business ethics and compliance requirements, strongly opposes the allegations in the Blue Orca Capital report, and believes that they are groundless. Previously, Blue Orca Capital listed the Chinese LiDAR manufacturer Hesai Technology as a new short-selling target, questioning its financial disclosure and other issues.
2025.03.18
22:54
Hesai Group's U.S.-listed shares fell more than 10% after being shorted by short-selling firm Blue Orca.
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