Chinese lidar maker Hesai says it could turn profitable by year end

Chinese lidar maker Hesai says it could turn profitable by year end
Mobility autonomous driving self-driving lidar laser sensor hesai china us governmentChinese lidar maker Hesai could be “close to profitability” in the last three months of this year, co-founder and chief executive Li Yifan told investors on Tuesday, when the company reported a narrower quarterly loss for the April-June period. Net loss for the Nasdaq-listed firm narrowed by 3% year-on-year to RMB 72.1 million ($9.9 million) […]

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