Hesai Technology is expected to achieve several major milestones in the automotive LiDAR industry in the fourth quarter of this year

According to the financial report released by Hesai Technology, the company is expected to hit several major milestones in the automotive LiDAR industry in the fourth quarter of this year. These milestones include quarterly revenue of US$100 million, profit of US$20 million (GAAP), and full-year profit (Non-GAAP).