Hesai, a Chinese company that makes special sensors called lidars for self-driving cars, is doing really well! They're like super-powered eyes for cars, using lasers to see what's around them. Hesai is expanding into Europe, making deals with big car companies like Mercedes-Benz.
- Hesai's profits are expected to increase ten times this year!
- They're partnering with many car makers to put their sensors in new electric and gas cars.
- Lidars help self-driving cars see and understand their surroundings.
Fact | Number |
---|---|
Expected profit increase | 10x |
Year of substantial revenue expected | 2027 |
This is great news for Hesai, showing how Chinese technology is becoming popular worldwide!