PALO ALTO, Calif., March 13, 2025 /PRNewswire/ -- Hesai Technology, a global leader in lidar R&D and manufacturing, has secured a new design win with a top 5 NEV automaker in China. This automaker, part of a major global automotive group, will soon commence mass production of its high-end smart EV models equipped with Hesai's ATX lidar as standard. The ATX's advanced features will significantly enhance the vehicles' intelligent driving systems. The lidar market is experiencing rapid growth, with automotive lidar installations surpassing 1.5 million units in 2024, doubling the previous year's figure. Gasgoo Automotive Research Institute's data reveals a 29% penetration rate of lidar in China

PALO ALTO, Calif., March 10, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today a new exclusive design win with a leading European OEM. Hesai will provide advanced ultra-long-range automotive lidars for the OEM's upcoming platform, including both internal combustion engine (ICE) and electric vehicle (EV) models. This multi-year program will last into the next decade, marking it the largest global program for the automotive lidar industry. "This long-term partnership is a resounding endorsement of our unrivaled performance and quality. Meeting the rigorous standards of a market leader,

Quarterly net revenues were RMB719.8 million (US$98.6 million)1Quarterly lidar shipments were 222,054 unitsFull Year 2024 net revenues were RMB2,077.2 million (US$284.6 million)Full Year 2024 lidar shipments were 501,889 units SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2024. Management Remarks "In 2024, Hesai achieved a milestone year with record-breaking lidar shipments, more than doubling annually for four consecutive years, and achievin

Daiwa Securities initiated coverage of Hesai Group with a rating of Buy and set a new price target of $35.00

Goldman upgraded Hesai Group from Neutral to Buy and set a new price target of $18.40 from $5.50 previously

Morgan Stanley downgraded Hesai Group from Overweight to Equal-Weight and set a new price target of $15.00 from $5.80 previously

6-K - Hesai Group (0001861737) (Filer)

SCHEDULE 13G - Hesai Group (0001861737) (Subject)

6-K - Hesai Group (0001861737) (Filer)

Quarterly net revenues were RMB719.8 million (US$98.6 million)1Quarterly lidar shipments were 222,054 unitsFull Year 2024 net revenues were RMB2,077.2 million (US$284.6 million)Full Year 2024 lidar shipments were 501,889 units SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2024. Management Remarks "In 2024, Hesai achieved a milestone year with record-breaking lidar shipments, more than doubling annually for four consecutive years, and achievin

SHANGHAI, China, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its fourth quarter and full year 2024 unaudited financial results on Monday, March 10, 2025, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 10, 2025 (9:00 AM Beijing/Hong Kong Time on March 11, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the sc

Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units SHANGHAI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended September 30, 2024. Operational Highlights  Three months ended September 30, 2024 Nine monthsended September 30, 2024ADAS lidar shipments129,913 263,148Autonomous Mobility lidar shipments4,295 16,687Total lidar shipments134,208 279,835     Q3 2024 ADAS lidar shipments were 129,913 units, representing an increase of 220.0% f

SC 13G/A - Hesai Group (0001861737) (Subject)