Hesai Up Premarket After Mercedes Lidar Win, Q1 Profit

Hesai Group shares traded up in U.S. premarket Tuesday. The Chinese lidar company turned a first-quarter profit, shipped more than twice as many sensors, and said it would supply its lidar tech for Mercedes-Benz Level 3 autonomous models.

Hesai Group (HSAI) Turns Profitable in Q3, Wins Exclusive Li Auto Lidar Deal, and Guides Stronger Q4 — Nov. 11, 2025

Hesai Group (HSAI) Turns Profitable in Q3, Wins Exclusive Li Auto Lidar Deal, and Guides Stronger Q4 — Nov. 11, 2025

Hesai Group delivered two headlines today: a return to profitability on record quarterly results and a fresh commercial win as the exclusive lidar supplier for Li Auto’s next‑generation assisted‑driving platform. Management also guided to double‑digit growth for Q4, underscoring momentum in both ADAS and robotics lidar shipments. Quiver Quantitative+2PR Newswire+2
11 November 2025