Hesai braces for 10-fold profit jump as it eyes Europe's smart EVs for self-driving lidar

By Yahoo! Finance   |   2 days ago
Hesai braces for 10-fold profit jump as it eyes Europe's smart EVs for self-driving lidar

Hesai Group expects a significant increase in profits by supplying lidar sensors for self-driving electric vehicles in Europe. The Shanghai-based company's partnership with global carmakers, including Mercedes-Benz, signals a potential revenue boost.

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