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China’s Hesai will double production as lidar sensor industry shakes out
Market Intelligence Analysis
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Why This Matters
Hesai, a Chinese lidar sensor manufacturer, plans to double its production to 4 million units in 2026, following Luminar's bankruptcy and the subsequent shakeout in the industry.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Hesai said it now plans to build as many as 4 million lidar sensors in 2026, up from 2 million, as it tries to corner a market with one fewer player after Luminar's bankruptcy.
Original article published by
TechCrunch
on January 5, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.