Hesai Selected to Provide Sensor Technology for Li Auto

MT Newswires Live
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Hesai (HSAI) said it has been selected by Li Auto (LI) to supply light detection and ranging sensors for its the driving platform in all models

Financial terms were not disclosed.

Hesai said it will continue to exclusively provide perception technologies for Li Auto. The two companies have partnered since 2021, the company said.

Shares of the company were up 8% in recent premarket activity Tuesday.

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