Source: Tech – South China Morning PostHesai Group, the world’s largest maker of automotive lidar sensors, plans to double down on production capacity amid a bullish global outlook for intelligent cars after raising HK$4.2 billion (US$531 million) in a Hong Kong share offering.
Chief financial officer Andrew Fan said after the Shanghai-based company’s trading debut on Tuesday that the quality and affordability of Hesai’s light detection and ranging sensors – which employ laser beams to measure distances to objects – would effectively…Read More