JW Insights: China’s automotive industry faces sweeping cost reduction pressures as electrification and smart technologies transitions intensified with price wars Cost optimization has become a first priority for China’s automakers 1.3w 10-25 17:09 China, US, and Europe take top three spots in terms of automotive LiDAR company number China, the United States, and Europe are leading the way in the number of companies developing automotive LiDAR technology 1.1w 05-25 15:15 Reuters: Chinese LiDAR maker Hesai Group is sued by Ouster over patent infringement in US LiDAR tech company Ouster sues Hesai Group over patents 1.2w 04-13 14:56 Chinese EV manufacturer NIO’s venture capital launches a LiDAR project in Wuxi NIO Capital launches a LiDAR project in Wuxi 1.4w 04-11 16:42 Chinese LiDAR supplier Innovusion launches a production base in eastern China’s Zhejiang Province Innovusion launches a production base in eastern China’s Zhejiang Province 2.1w 04-04 15:08 Bloomberg: Chinese LiDAR maker Hesai raises $190 million in biggest Chinese US IPO since 2021 Hesai Group (禾赛科技), a Chinese developer of sensor technologies used in self-driving cars, has raised $190 million in an initial public offering 2.2w 02-10 13:27 China plans to add seven new items to its Catalogue of Technologies Prohibited or Restricted from Export, including solar tech China is considering adding seven new items including LiDAR systems and solar tech to its Catalogue of Technologies Prohibited or Restricted from Export. 2.2w 01-28 18:07 Chinese lidar maker Hesai files for Nasdaq IPO Hesai Technology (禾赛), China’s leading developer of three-dimensional light direction and ranging technologies, has filed to go public on the Nasdaq stock market. 3.1w 01-20 16:43 Chinese LiDAR chipmaker SoPhoton Tech wins Pre-A round funding SoPhoton Tech (识光芯科), a Chinese LiDAR chip startup, announced that it has completed Pre-A round of funding without specifying the amount raised. 1.7w 01-17 15:44 China Daily: Chinese LiDar startup Benewake teams up with US tech firm Jabil to mass-produce new generation LiDar Benewake partners with Jabil to mass-produce LiDar 8835 01-10 18:28 MORE READ MOST No Data Yet~ POPULAR TAGS No Data Yet~