Hesai Group

HSAI

Market cap $3.55B

The driverless vehicle market has the potential for explosive growth over the next two decades driven by technological advancements, safety improvements, and commercial applications and could be worth trillions of dollars as soon as 2030. It's likely to be a long bumpy road with challenges to gain public trust, navigate regulatory hurdles, and scale the business to generate profits.

Here is how Hesai Group Sponsored ADR (HSAI) and OPENLANE (KAR) have performed compared to their sector so far this year.

Like it or not, and whether we trust driverless vehicles yet or not, they're on the way, and the future is coming faster than many investors realize. The driverless vehicle market has enormous growth potential and is projected to be worth trillions of dollars in a decade's time.

PALO ALTO, Calif. , Oct. 3, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, today announced the production of its 1,000,000th lidar unit in 2025, making it the first lidar company worldwide to exceed one million units in annual production.

PALO ALTO, Calif. , Sept. 25, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI and HKEX:2525), the global leader in lidar solutions, has been named by Fortune, a global multiplatform media company, to its prestigious 2025 Change the World list.

Hesai Group Sponsored ADR (HSAI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here is how Hesai Group Sponsored ADR (HSAI) and OPENLANE (KAR) have performed compared to their sector so far this year.

China's Hesai is the world's leading LiDAR supplier for cars. CEO David Li says US tariffs are a cost of doing business – and that the burden of that additional cost is a 'negotiation' as information and regulations change.

US-traded Hesai joins the raft of Chinese companies listing in Hong Kong. CEO David Li talks about its $500 million listing, and where it plans to invest next.

PALO ALTO, Calif. , Sept. 15, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar solutions for autonomous mobility, today announced the expansion of its production agreement with a leading U.S.-based robotaxi company.