Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
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Hesai Group, a leading lidar sensor manufacturer, plans to reduce its product prices by half next year, potentially increasing the adoption of lidar technology in electric vehicles.

November 27, 2024 | 6:15 am
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Hesai Group plans to halve the price of its lidar sensors next year, which could significantly increase their adoption in electric vehicles, potentially boosting the company's market share and revenue.
The decision to cut lidar prices by half is likely to make Hesai's products more attractive to electric vehicle manufacturers, potentially increasing sales and market share. This strategic move could positively impact Hesai's revenue and stock price in the short term.
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