The price of automotive LiDAR is rapidly decreasing, and Hesai Technology's profit level is declining

The price of automotive laser radar is also being compressed rapidly. From about 3,000 to 4,000 yuan last year to less than 3,000 yuan this year, industry sources said that some companies even quoted a price of 1,500 to 2,000 yuan. This has led to a rapid decline in the profit level of Hesai Technology, the first laser radar stock.