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Mar 11, 2024Next ex-dividend date:
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China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in electric cars.
Quarterly net revenues were RMB539.4 million (US$76.9 million) 1 Quarterly lidar shipments were 134,208 units
SHANGHAI, Nov. 14, 2024 (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 third quarter 2024 unaudited financial results on Monday, November 25, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 PM U.S. Eastern Time on November 25, 2024 (9:00 AM Beijing/Hong Kong Time on November 26, 2024).
Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times reported on Thursday, citing co-founder David Li.
PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Leapmotor's next-generation vehicle platform.
The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing's military, according to a letter sent to Congress.
SHANGHAI , Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen. The cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced lidar products and technology at the core.
HANNOVER, Germany , Sept. 16, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, is launching its powerful new lidar solution OT128 at Europe's biggest commercial vehicle trade fair IAA Transportation in Hannover (booth location: Hall 12, #C71).
Hesai Group (NASDAQ:HSAI ) Q2 2024 Results Conference Call August 19, 2024 9:00 PM ET Company Participants Yuanting Shi - Investor Relations Director David Li - Co-Founder, CEO & Director Conference Call Participants Tim Hsiao - Morgan Stanley Tina Hou - Goldman Sachs Jessie Lo - Bank of America Securities Zhang Yu - Huatai Securities Operator Hello, ladies and gentlemen. Thank you for standing by for Hesai Group's Second Quarter 2024 Earnings Conference Call.
Hesai Group reported narrower operating losses and a better-than-expected bottom-line performance in Q2 2024; the consensus forecasts point to Hesai turning profitable in the third quarter. On the flip side, Hesai's second quarter revenue missed expectations, and a delay in some of its customers' new vehicle launches is likely to hurt its Q3 top line. My Hold rating for Hesai Group is left unchanged, considering its mixed results and prospects.
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