Hesai Plans First Overseas LiDAR Factory Amid Geopolitical Concerns
Hesai Group, China’s largest LiDAR manufacturer, plans to establish its first overseas factory next year as customers seek to mitigate geopolitical risks, Chief Financial Officer Andrew Fan told the Financial Times. Hesai aims to break ground on the project by year-end, targeting production in 2026. The facility is expected to create “hundreds of jobs…
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