Hesai And SAIC Volkswagen Sign New Partnership On Automotive Lidar Program
Portfolio Pulse from Benzinga Newsdesk
Hesai Technology (NASDAQ:HSAI) has signed a cooperation framework with SAIC Volkswagen to develop a new automotive ecosystem centered around Hesai's lidar technology. This partnership aims to leverage Hesai's advanced lidar products to enhance the automotive industry.
October 01, 2024 | 12:33 pm
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Hesai Technology has entered a partnership with SAIC Volkswagen to develop a new automotive ecosystem using its lidar technology. This collaboration could enhance Hesai's market position and drive demand for its products.
The partnership with SAIC Volkswagen, a major player in the automotive industry, is likely to boost Hesai's market presence and demand for its lidar technology. This could positively impact Hesai's stock price in the short term.
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