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State: 17.08.2024 | 11PM
Tue, 01.10.2024       Hesai Group
US4280501085

SHANGHAI, Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen.

The cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced lidar products and technology at the core.

SAIC Volkswagen Automobile Co., Ltd. is a Sino-German joint venture operated by SAIC Group and Volkswagen Group. Formed in October 1984, SAIC Volkswagen was one of the first automotive joint ventures in China and has maintained strong market competitiveness over the past 40 years. SAIC Volkswagen sold 1.2 million cars in 2023, and the cumulative car sales from January to August of this year is nearly 700,000.

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