Hesai to Provide 1.5M Lidar Units to Changan for Multiple Car Models
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Hesai Technology (HSAI) will supply 1.5 million lidar units to Changan Automobile for its new intelligent driving platform, becoming the exclusive supplier for multiple car models.

December 09, 2024 | 5:30 pm
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Hesai Technology has secured a significant deal to supply 1.5 million lidar units to Changan Automobile, positioning itself as the exclusive supplier for Changan's new intelligent driving platform.
The deal with Changan Automobile is a major win for Hesai Technology, as it not only involves a large volume of lidar units (1.5 million) but also establishes Hesai as the exclusive supplier for Changan's new platform. This could lead to increased revenue and market presence for Hesai, positively impacting its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100