Since its foundation in 2014, Hesai has grown rapidly to become the world’s top supplier of lidars for vehicles. (Jade Gao/AFP/Getty Images) [Stay on top of transportation news: Get TTNews in your inbox.] Hesai Group is seeking to raise HK$3.9 billion ($497 million) in its Hong Kong listing, kicking off the latest batch of U.S.-listed…
Equities US-blacklisted company files for dual listing after posting Q2 net profit A Hesai sensor is installed on the bumper of a self-driving car in San Francisco in 2019. The Nasdaq-listed company is set to offer shares on the Hong Kong bourse. © Getty Images WATARU SUZUKI September 8, 2025 12:42 JST SHANGHAI — Hesai…
Tesla CEO Elon Musk has frequently expressed his opinions on LiDAR in the past, but in recent days, the EV maker’s frontman has continued to discuss the weaknesses in the technology and why his company has relied on cameras. He also mentioned the suite’s limits on Waymo’s capabilities. Tesla completely abandoned using radar alongside its…