Hesai Q1 Revenue Rises 30% as Mercedes L3 Program Advances
Hesai Technology’s Q1 2026 revenue was RMB 680 million, with significant LiDAR growth and partnerships.
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BYD to Unveil In-House Autonomous Driving Chip on May 28
BYD will launch its “God’s Eye 5.0” intelligent driving technology on May 28, unveiling key new autonomous systems.
Hesai Posts First Full-Year Profit, Targets Up to 3.5 Million Lidar Units in 2026
Hesai Technology reported significant financial growth in 2025, achieving profitability and increasing lidar shipments to 1.6 million units.
Hesai Secures Changan L3 Program With Second-Gen Solid-State LiDAR
Hesai has now secured over 160 production nominations from more than 40 automakers, covering all of China’s top ten brands by sales.
Hesai Teams Up with Grab to Expand LiDAR Footprint in Southeast Asia
Through this partnership, Hesai’s sensors will support autonomous vehicles, high-definition mapping, and robotics applications across the region
Hesai Targets 4 Million LiDAR Capacity in 2026, Partners With Nvidia on L4 Rollout
Hesai has doubled annual deliveries for five straight years, with 2025 shipments exceeding 1.6 million units.
Chinese LiDAR Supplier Seyond Debuts on HKEX via De-SPAC Listing
Seyond raised HKD 1.027 billion ($144 million) in its Hong Kong debut, becoming the third company to go public on the exchange through a SPAC merger.
Hesai Launches RISC-V LiDAR Chip FMC500, 256-Line ATX Delivery Starts April 2026
The revamped ATX, with over 4 million units in orders, is set to begin volume production deliveries in April 2026.
Hesai’s Net Profit Reaches $36M in Q3, Hits Full-year GAAP Profitability Target Ahead of Schedule
Hesai raised its full-year net profit guidance to RMB 350 million–450 million ($49 million–$63 million) after hitting its GAAP profit goal ahead of schedule.
Hesai Technology Launches Hong Kong IPO, Targets Nearly $544 Million
Hesai Technology’s automotive clients primarily include Li Auto, Xiaomi Auto, NIO, BYD, and joint-venture brands under Toyota.
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