Hesai Announces ADAS Lidar Design Win wWth Neta Auto's New Series Production Vehicle
Portfolio Pulse from Benzinga Newsdesk
Hesai Technology (NASDAQ:HSAI) has announced a partnership with Neta Auto to supply ultra-high resolution long range lidar AT128 for Neta Auto's upcoming vehicle model, expected to launch in 2025. Neta Auto, a leader in the smart EV industry, has a substantial user base and a strong international presence. Hesai, a global leader in the lidar industry, has delivered over 190,000 lidar units as of the second half of 2023. The partnership aims to enhance the ADAS driving functionalities of Neta Auto's new series production vehicle.
October 10, 2023 | 12:45 pm
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Hesai Technology's partnership with Neta Auto to supply lidar for their upcoming vehicle model could potentially increase Hesai's revenues and market presence.
The partnership with Neta Auto, a leader in the smart EV industry, could potentially increase Hesai's revenues and market presence. Given the growing demand for EVs and the importance of lidar technology in autonomous driving, this partnership could be highly beneficial for Hesai.
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