Hesai Technology said Tuesday it will exclusively supply long-range lidar for Leapmotor's new models, with the first model slated for mass production in 2025.
Under the agreement, Hesai said it will provide lidar systems for multiple upcoming models, expanding the companies' collaboration on intelligent driving systems.
Hesai shares were up more than 4% in recent trading.
Price: 4.77, Change: +0.20, Percent Change: +4.38
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