Technology Jun 09, 2021 07:31 PM (GMT+8) · EqualOcean
Xiaomi leads new D round funding in Hesai Technology over USD 300M. The financing round here is more than USD 300M. The financing will be used to build up the mass production of the front lidar, which had won orders from several OEMs. It will also be used to research and develop the high-performance lidar chip to vehicle specifications. Hesai Technology itself says that automatic driving technology is on the verge of a breakthrough, and the front lidar will be the standard configuration of automatic driving. In this, it aims to become the world market leader in this field. This briefing is contributed by and first appeared on CIMK.

Source: CIMK

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