• 3
  • Comment
  • Favorite

Chinese Lidar Maker Hesai Surges on Nvidia Autonomous Driving Tie-up

Tiger Newspress01-07 10:40

Hesai shares jumped another 6.1% in Hong Kong.

Shares of Chinese lidar maker Hesai Group surged 5.9% on Tuesday after Nvidia said the company had joined its expanding autonomous driving ecosystem, bolstering investor optimism around demand for sensors used in self-driving vehicles.

At the CES trade show in Las Vegas, Nvidia announced that Hesai is among the latest sensor partners qualifying their technology on its DRIVE Hyperion platform, a production-ready architecture designed to support level-4 autonomous driving.

The move places Hesai alongside global automotive suppliers and technology firms working with Nvidia to accelerate the commercial rollout of advanced driverless systems.

Nvidia said the expanding DRIVE Hyperion ecosystem now includes a broad range of lidar, camera, and radar suppliers, giving automakers confidence that sensing hardware is fully compatible with its end-to-end autonomous vehicle platform.

By unifying compute, sensors, and safety systems, the company aims to shorten development cycles, reduce testing costs, and speed up time to market.

Investors have increasingly focused on lidar makers as spending on autonomous driving, robotaxis, and AI-enabled vehicles gathers momentum worldwide.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24