China's Hesai will double production as lidar sensor industry shakes out

Chinese lidar maker Hesai announced plans on Monday to double its production capacity from 2 million units to 4 million units this year, as it looks to corner the global market for the laser-based sensors. That would be well up from the 1-million-plus unit mark that Hesai hit in 2025.Hesai’s push to grab more market share comes just one month after leading U.S. lidar-maker Luminar filed for Chapter 11 bankruptcy. That company is not expected to continue operating once its bankruptcy plan is approved, though ...