Associated tags: Electronics, Advanced driver-assistance system, ADAS, D, Mechanics, Software, AGV, Mobile phone, Security (finance), IPO, Prospectus
PALO ALTO, Calif., May 13, 2024 /PRNewswire/ -- Hesai Group (NASDAQ: HSAI) ("Hesai" or the "Company"), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that Louis T. Hsieh has resigned from his positions as the Global Chief Financial Officer (CFO) and Board Director of Hesai for personal and family reasons, effective today.
Key Points:
- PALO ALTO, Calif., May 13, 2024 /PRNewswire/ -- Hesai Group (NASDAQ: HSAI) ("Hesai" or the "Company"), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that Louis T. Hsieh has resigned from his positions as the Global Chief Financial Officer (CFO) and Board Director of Hesai for personal and family reasons, effective today.
- The Company greatly appreciates Mr. Hsieh's significant contributions to Hesai's business, financial management, capital markets transactions and corporate governance since he joined in 2021.
- Norman Fan will assume the interim position of overseeing the financial and reporting functions of the Company.
- Prior to joining Hesai, Mr.
SHANGHAI, China, April 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024.
Key Points:
- SHANGHAI, China, April 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024.
- The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC's website at https://www.sec.gov and on Hesai's investor relations website at https://investor.hesaitech.com.
- The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and holders of American depositary shares upon request.
Retrieved on:
Wednesday, April 24, 2024
Safety,
Weather,
Magneti Marelli,
EVP,
ATX,
ADAS,
Original equipment manufacturer,
Environment,
PALO,
BAIC Group,
Bridge The ATX lidar is a compact and highly customizable long-range sensor specifically designed for automotive applications.
Key Points:
- The ATX lidar is a compact and highly customizable long-range sensor specifically designed for automotive applications.
- This collaboration with Hesai exemplifies our design-led innovation model perfectly" said David Fan, EVP and President China, Marelli.
- "The collaboration between Hesai and Marelli signifies a major step forward in the development and adoption of lidar technology for the automotive industry," said David Li, Co-founder, and CEO of Hesai.
- Marelli will be hosting live demonstrations of the new headlamp concept with Hesai lidar integration at the 2024 Beijing Auto show, which runs April 25 - May 4.
FOV,
Safety,
Series,
ATX,
ADAS,
3D,
Original equipment manufacturer,
PALO,
Robotics,
Rain,
Perception,
Pedestrian,
3D printing With a longer detection range, higher resolution, and wider FOV, ATX empowers intelligent vehicles with excellent 3D perception.
Key Points:
- With a longer detection range, higher resolution, and wider FOV, ATX empowers intelligent vehicles with excellent 3D perception.
- This new lidar utilizes Hesai's advanced 4th-generation technology platform, with comprehensive upgrades to its laser transceiver module and size.
- "We are very excited to debut the ATX and are confident it will have a great impact on adoption of lidar given its versatility," said David Li, CEO of Hesai Technology.
- With the introduction of ATX-equipped models, more consumers will be able to experience a safer and more intelligent driving experience.
PALO ALTO, Calif., April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing.
Key Points:
- PALO ALTO, Calif., April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing.
- This all-new high-performance sedan represents Xiaomi's entry into the electric vehicle market and showcases its exceptional capabilities in car manufacturing.
- The Xiaomi SU7 Pro and Max versions utilize Hesai's high-performance AT128 long-range lidar, marking a significant milestone in intelligent driving technology.
- The Pro and Max versions of the SU7 are equipped with the Xiaomi Pilot Max intelligent driving solution, which incorporates the NVIDIA DRIVE Orin computing platform and Hesai's ultra-high-definition AT128 lidar.
The latest Leapmotor vehicle to utilize Hesai's AT128 lidar is the all new C10 EV.
Key Points:
- The latest Leapmotor vehicle to utilize Hesai's AT128 lidar is the all new C10 EV.
- As a key supplier for Leapmotor, Hesai will play a significant role in providing advanced intelligent driving systems to global markets.
- "Our alliance with Leapmotor is an important step in bringing advanced lidar technology to the world," said David Li, Co-Founder and CEO of Hesai Technology.
- Looking ahead, Leapmotor and Hesai will continue to explore opportunities to improve intelligent driving technology and bring innovative driving solutions to users around the world.
Retrieved on:
Tuesday, February 27, 2024
SHANGHAI, China, Feb. 27, 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 fourth quarter and full year 2023 unaudited financial results on Monday, March 11, 2024, after the close of U.S. markets.
Key Points:
- SHANGHAI, China, Feb. 27, 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 fourth quarter and full year 2023 unaudited financial results on Monday, March 11, 2024, after the close of U.S. markets.
- The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 11, 2024 (9:00 AM Beijing/Hong Kong Time on March 12, 2024).
- Upon registration, each participant will receive dial-in details to join the conference call.
- A replay of the conference call will be accessible approximately an hour after the conclusion of the call until March 19, 2024, by dialing the following telephone numbers:
PALO ALTO, Calif., March 6, 2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI), a leader in China's electric vehicle market, recently launched Li MEGA, its first high-voltage battery electric vehicle. The company's high-tech flagship multi-purpose vehicle (MPV) is equipped with Hesai Technology's (Nasdaq: HSAI) ultra-high-definition long-range LiDAR AT128, which allows for a full suite of intelligent driving capabilities.
Key Points:
- PALO ALTO, Calif., March 6, 2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI), a leader in China's electric vehicle market, recently launched Li MEGA, its first high-voltage battery electric vehicle.
- The company's high-tech flagship multi-purpose vehicle (MPV) is equipped with Hesai Technology's (Nasdaq: HSAI) ultra-high-definition long-range LiDAR AT128, which allows for a full suite of intelligent driving capabilities.
- "Hesai played a major role in bringing our autonomous driving suite to life and Li MEGA will bring a new standard of technological advancements to the MPV market."
- With its unique and innovative design, Li MEGA reimagines the future of MPVs and expands upon the comfort and outstanding performance Li Auto is known for.
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Wednesday, February 7, 2024
PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (Nasdaq: HSAI) (“Hesai” or the “Company”) today responded to the Company’s inclusion on the U.S. Department of Defense’s (DoD) list of “Chinese Military Companies Operating in the United States.”
Key Points:
- PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (Nasdaq: HSAI) (“Hesai” or the “Company”) today responded to the Company’s inclusion on the U.S. Department of Defense’s (DoD) list of “Chinese Military Companies Operating in the United States.”
Yifan “David” Li, CEO of Hesai, stated, “DoD added Hesai to its list of “Chinese Military Companies Operating in the United States” without any explanation or justification, and we intend to file a lawsuit challenging this action.
- We believe this inclusion is unjust, capricious, and meritless.
- Hesai is not a military company.
- Hesai products are for civilian use only and have never been designed or validated for military use.
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Thursday, February 1, 2024
Robotics,
Knowledge,
PALO,
Security,
Bureau,
Transport,
Safety,
Accident,
Commerce,
Defense,
Original equipment manufacturer,
Arms industry PALO ALTO, Calif., Jan. 31, 2024 /PRNewswire/ -- We are deeply disappointed to learn that Hesai has been added to the U.S. Department of Defense's list of "Chinese Military Companies."
Key Points:
- PALO ALTO, Calif., Jan. 31, 2024 /PRNewswire/ -- We are deeply disappointed to learn that Hesai has been added to the U.S. Department of Defense's list of "Chinese Military Companies."
- We do not sell our products to any military in any country, nor do we have ties of any kind to any military in any country.
- Hesai is a publicly traded, privately owned company (Nasdaq: HSAI) with an independent corporate governance structure.
- The list only prevents the U.S. Department of Defense from purchasing products from included entities.
