Hesai (HSAI) announced the expansion of its production agreement with a U.S.-based robotaxi company. The agreement, now valued at over $40M, covers deliveries before the end of 2026. Hesai was selected as the only supplier to provide both long-range and short-range lidars.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSAI:
- Hesai Group Sets Pricing for Global Offering Amid Expansion Plans
- Hesai prices 19.6M Class B shares at HK$212.8 per share in public offering
- Hesai Group Announces Global Offering with Hong Kong Listing
- Hesai Group Initiates Global Offering with Hong Kong Listing
- Hesai Group Announces Dual Listing in Hong Kong