Stock Track | Hesai Group Soars 5.39% as Automaker Chery Awards Major Lidar Sensor Deal

Stock Track

Jan 21, 2025

Shares of Hesai Group (HSAI), a leading automotive lidar technology provider, surged 5.39% in Tuesday's trading session, driven by a positive development in securing a major new customer.

Hesai announced that it has secured design wins for multiple vehicle models from Chery Automobile, a prominent Chinese automaker. The models are expected to enter mass production in the second half of 2025 and will be equipped with Hesai's latest generation of ultra-compact high-performance ATX lidar sensors.

Chery reported impressive sales growth in 2024, with a 38% year-over-year increase to 2.6 million vehicles sold globally. The company forecasts over 3 million deliveries for this year and aims to capitalize on the growing demand for advanced driver-assistance systems (ADAS) and autonomous driving technologies, where Hesai's lidar sensors play a crucial role.

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The models are expected to enter mass production in the second half of 2025 and will be equipped with Hesai's latest generation of ultra-compact high-performance ATX lidar sensors.</p>\n\n<p>Chery reported impressive sales growth in 2024, with a 38% year-over-year increase to 2.6 million vehicles sold globally. The company forecasts over 3 million deliveries for this year and aims to capitalize on the growing demand for advanced driver-assistance systems (ADAS) and autonomous driving technologies, where Hesai's lidar sensors play a crucial role.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSAI","symbol_name":"禾赛","start_time":0,"source_url":"","article_id":"1112565855","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112565855","pubTimestamp":1737469958,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Hesai Group , a leading automotive lidar technology provider, surged 5.39% in Tuesday's trading session, driven by a positive development in securing a major new customer.Hesai announced that it has secured design wins for multiple vehicle models from Chery Automobile, a prominent Chinese automaker. 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