Growth OpportunitiesThe potential for project wins from robo-taxi players and smart home robotics companies could enhance Hesai's revenue and market position.
Industry AdoptionHigher adoption of L2+ smart driving overseas is expected to boost LiDAR use and could become a standard safety feature in higher-priced vehicles.
Market ShareHesai continues to gain volume share among LiDAR suppliers in China, surpassing key competitors in shipments.