Overview

• Mercedes-Benz has chosen Hesai Group to supply lidar sensors for its next-generation smart cars sold globally.
• This marks the first time a foreign automaker will use Chinese-made lidar technology in vehicles sold outside China.
• Hesai's lidar sensors were selected for their cost efficiency and scalability, despite months of deliberation over legal and geopolitical risks.
• The multi-year contract highlights the growing importance of lidar in advanced driver assistance systems and autonomous driving technologies.
• Hesai is expanding its production capacity in China and planning overseas factories to meet rising global demand and address potential tariff and logistics concerns.