--Mercedes-Benz will use lidar laser sensors made by China's Hesai to develop smart cars for global markets, becoming the first foreign automaker to use that Chinese-made technology outside the country, Reuters reports, citing an unnamed source.
--Mercedes didn't respond to a request for comment and Hesai--which on Monday said it had won a contract to supply its lidar products to a European carmaker--declined to name the customer, according to Reuters.
Full story: https://shorturl.at/Ci4qE
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
March 11, 2025 11:40 ET (15:40 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.