U.S. Stocks in Motion | Hesai (HSAI.US) Rises Nearly 8% After Winning Exclusive Lidar Designation for Li Auto's New-Generation All-Platform Smart Driving

Zhitong Finance APP has learned that on Friday, Hesai (HSAI.US) rose nearly 8% to $13.09. On the news front, on October 22, Hesai Technology announced that it had successfully won the exclusive designated order for Li Auto's next-generation assisted driving full-platform lidar. This designation covers the full model matrix of the Li L series, i series, and MEGA, meaning that Hesai will continue to serve as Li Auto's sole lidar supplier, providing the three-dimensional perception hardware foundation for the advanced intelligent driving systems of the new-generation models.