Search
On August 15, Hesai Technology unveiled its financial results for the second quarter of 2025, highlighting a robust revenue of RMB 710 million, marking a 53.9% year-over-year increase. The company's net profit exceeded RMB 40 million, significantly surpassing Generally Accepted Accounting Principles (GAAP) profit targets. During this quarter, Hesai Technology delivered an impressive 352,095 LiDAR units, representing a staggering 306.9% year-over-year growth. Furthermore, the company secured a new model order from a joint venture brand under Toyota Motor Corporation. These models will be equipped with Hesai's advanced ATX LiDAR and are slated for mass production in 2026, underscoring Hesai's expanding global footprint and strengthening its collaboration with leading automotive manufacturers.
-
C114 Communication Network -
Communication Home
