Lidar's Silent Boom: A Beacon of Hope for China's Stagnant Auto Industry The recent surge in lidar sensor orders by Chinese carmakers has been a welcome sign of life in an otherwise struggling market.
This trend is driven by an increasing number of new car models being fitted with lidars as manufacturers strive to make their vehicles more intelligent.
According to Hesai Group's CFO Andrew Fan, the growing demand for lidars is attributed to the recognition of their value proposition.