U.S. Stock Movement | Hesai rises over 8%, Q2 revenue increases by 53.9% year-on-year
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Hesai's stock price rose over 8% on Monday, closing at $27.73. The company announced its financial data for the second quarter of 2025, with revenue reaching 710 million RMB, a year-on-year increase of 53.9%, and a net profit exceeding 40 million RMB. The delivery volume of lidar reached 352,095 units, a year-on-year increase of 306.9%. Hesai has become a safety standard in the ADAS field and recently secured contracts for 20 models from 9 automakers, with plans for delivery in 2025-2026
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