Stock Track | HESAI-W Soars 5.05% Intraday on Morgan Stanley Recognition and Lidar Milestones

Stock Track12-17

Hesai Group's stock (HESAI-W) surged 5.05% during Wednesday's intraday trading, driven by its inclusion in Morgan Stanley’s “Humanoid Tech 25” list and the achievement of 2 million cumulative automotive lidar deliveries. These milestones highlight Hesai's leadership in the ADAS and robotics lidar markets.

The company’s fully automated production lines, capable of producing one lidar every 10 seconds, and its partnership with Li Auto as the exclusive lidar supplier for its next-generation assisted driving platform, further bolster investor confidence. These developments reinforce Hesai’s growth narrative amid aggressive revenue and earnings targets for 2025.

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