Latest news with #BaiduApolloGo
Business Insider
4 days ago
- Automotive
- Business Insider
Hesai reports Q1 EPS RMB 0.06 vs (RMB 0.54) last year
Reports Q1 revenue RMB 525.3M vs RMB 359.1M last year. 'Hesai (HSAI) was ranked as the world's No.1 automotive lidar company by revenue market share for the fourth consecutive year in 2024, according to Yole Group-affirming our industry leadership. 2025 is off to a strong start, and we are ready to build on this momentum,' said Yifan 'David' Li, Hesai's Co-Founder and CEO. 'At the 2025 Shanghai Auto Show, one thing was clear-OEMs are all-in on intelligent driving. Our three core beliefs for lidar echo this vision-safety is not optional, never second-best, and without limits. Our ADAS lidar brings these values to life and continues to secure major design wins with new deals signed recently with Chery, Great Wall Motor, Zeekr, and Geely. Internationally, we've made rapid progress by securing a new development project with a Top 5 global Tier 1 supplier headquartered in Japan. We also empowered the Robotaxi industry as the main lidar supplier for next-generation fleets from Baidu Apollo Go, DiDi, and WeRide, while supporting the global expansion of some partners into key overseas markets. Beyond transportation, we believe every robot needs lidar as a foundational 3D sensor. Our JT series has emerged as a key enabler in this space, attracting strong interest from a wide range of Robotics customers. With accelerating adoption and expanding opportunities across the ADAS and Robotics segments, we are confident in our ability to scale our reach and unlock even greater growth in the quarters to come.'
South China Morning Post
20-05-2025
- Automotive
- South China Morning Post
Cautious route best for Hong Kong's self-driving cars
Autonomous driving still has more doubters than backers in Hong Kong, but the city is now taking steps that could get more people on board with the technology. Trial runs set for the next five months are worth supporting to develop driverless services. After allowing passenger trials on routes within the airport island, the government plans to allow tests on more complex roads, including at Cyberport in Southern district and Tung Chung. Vehicle speeds will also be raised to 50km/h (30mph). The trial runs only became possible in March under a new regulatory framework for self-driving vehicles. By late last year, two pilot licences had been issued so a dozen cars operated by Baidu Apollo Go could be tested. Secretary for Transport and Logistics Mable Chan said official introduction of passenger services and commercial applications such as ride-hailing could happen in the next couple of years. Chan told lawmakers 'significant' progress had paved the way for 'several technological leaps', with the testing scale expanded from a single private car to 10 vehicles operating simultaneously. Some have grown impatient with Hong Kong lagging behind the rest of China. Ride-hailing services using autonomous vehicles are prevalent in some areas of the mainland.
