
Seyond gains GAC LiDAR order, advancing efforts to reduce reliance on Nio

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Seyond Holdings has secured a LiDAR order from GAC Group, marking a strategic move to reduce its reliance on Nio, which accounted for 86.2% of its revenue in early 2025. The first GAC model with Seyond's LiDAR will enter mass production in 2026. Seyond, which recently debuted on the Hong Kong stock market, aims to expand its business footprint by partnering with 14 Chinese automakers and smart driving companies.
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