Hesai Group shares jumped about 6% in premarket trading following the release of its impressive third-quarter 2025 financial results and raised full-year guidance. The global leader in lidar solutions continues to demonstrate strong growth and market dominance in the rapidly expanding autonomous driving technology sector.

For Q3 2025, Hesai reported net revenues of RMB795.4 million (US$111.7 million), representing a 47.5% year-over-year increase. The company's net income reached a record RMB256.2 million (US$36.0 million), a significant turnaround from a net loss in the same period last year.

Navitas Semiconductor stock rose another 5% in premarket trading after a 15% rally in prior trading session. Navitas had its price target increased by Needham from $8 to $13. The firm presently has a "buy" rating on the stock.

Nio’s U.S.-listed shares jumped 4% in premarket trading. Nio appears to be accelerating its export momentum with a significant volume increase last month.

The Chinese electric vehicle (EV) maker exported 431 vehicles in October, marking a 143.50 percent increase from September's 177 units, according to calculations by CnEVPost based on data from the China Passenger Car Association (CPCA).