HESAI-W (02525) Rises Over 3% as Geely Galaxy V900 MPV Equips Hesai LiDAR; Further Collaboration Expected

Stock News12-10

HESAI-W (02525) surged more than 3%, reaching HK$14.74 by the time of writing, with a trading volume of HK$84.35 million. The rise follows news that Geely Galaxy V900, an AI-powered flagship MPV, debuted at the 23rd Guangzhou Auto Show equipped with Hesai's long-range high-precision LiDAR.

The Geely Galaxy V900 features the Qianli Haohan H5 advanced driver-assistance system (ADAS), integrating 27 sensing units, including Hesai's LiDAR, enabling 360-degree full-scenario perception. The system supports industry-leading end-to-end NOA (Navigate on Autopilot) functionality, allowing autonomous navigation on highways and urban roads, voice-controlled lane changes, roundabout traversal, and U-turns.

This launch signifies Geely Galaxy's push toward premium branding. Hesai Group is expected to deepen its collaboration with Geely Galaxy in the future.

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