Chinese lidar sensor maker Hesai adamant about global push amid EV tariffs
Hesai Group, the world’s largest maker of the lidar sensors that many smart cars use to map their surroundings, remains confident about expanding into international markets including Europe despite tensions about tariffs on Chinese-made electric cars.
The company is assessing investment plans outside mainland China as seeks to make its lidar sensors more affordable to global customers, Andrew Fan, chief financial officer of the Shanghai-based company, told the Post.
“We will actively expand abroad,” he said. “Hesai will build itself into an international firm with footprints across the globe.”
“Technological innovation efforts, rising production volume and efficient cost control have made lidar sensors more reliable and affordable to customers,” Fan said. “It is certain that the component will be widely adopted by car assemblers as smart driving is further developed.”
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