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Hesai Stock Slides Despite Record Growth — CEO Issues Rare Market Reassurance
- Location: United States
Hesai, a leading China-based lidar manufacturer and one of the most influential automotive lidar suppliers globally, continues to strengthen its market position despite recent Hesai stock volatility. The company supplies next-generation lidar systems to major EV and autonomous vehicle manufacturers, including BYD, NIO, XPeng, Li Auto, Motional, LeapMotor, and SAIC. Hesai has also secured new programs with Toyota’s EV lineup and a top-10 European automaker, expanding its footprint beyond China.
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