As passenger mobility becomes electric and more technologically advanced, engineers have developed several components to make car travel easier, more efficient, and, most importantly, safer. One of those emerging technologies is LiDAR, which has several benefits for OEMs who integrate it. Hesai Technologies is one of the leading companies helping make that LiDAR-centric transition possible.
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Hesai Technology is a global leader in LiDAR solutions
Hesai Technology ($HSAI) is three-dimensional light detection and ranging (LiDAR) specialist with offices all over the globe, including Shanghai, Palo Alto, and Stuttgart.
It currently employs over 1,000 personnel who help research, develop, and manufacture advanced LiDAR technologies for a number of applications, including Advanced Driver Assistance Systems (ADAS) in passenger and commercial vehicles, autonomous driving vehicles, as well as last-mile delivery robots and Automated Guided Vehicles (AGVs).
With over 500 granted patents and another 1000+ pending, Hesai puts a lot of time and effort into its LiDAR research and development, and the result is a growing portfolio of advanced safety sensors that can help pave the way for next-generation vehicles coming to market.
LiDAR remains a viable option for next-gen road safety
As advanced driver assistance systems (ADAS) and autonomous driving applications become more prevalent, the question of whether to use LiDAR sensors, vision cameras, or both is becoming hot topic of debate and an increasingly important one.
Many OEMs have shifted from LiDAR ADAS and self-driving applications to a camera-based vision approach, but environmental factors like lighting and weather conditions can cause confusion.
The automotive and robotics industries are racing against one another to advance from Level 2 autonomous driving (where the driver must keep their eyes on the road and hands on the wheel), to Level 3 and L4 autonomy, where the driver is no longer responsible for driving the vehicle. In these applications, Hesai Technology argues that LiDAR, like its ultra-thin long-range ET25 sensor, can make an effective difference while enhancing safety both on and off the road.
The camera conundrum
Cameras have been integral to the development of autonomous vehicles and ADAS vehicles, providing visual inputs like human eyes, and still exist as a viable option to an extent. They can provide valuable color information and visual cues such as traffic light status and road sign recognition.
Furthermore, opting to integrate only one kind of sensor, i.e., cameras, saves on production costs which can be passed along to consumers.
However, cameras can struggle in challenging conditions. They rely heavily on lighting in a vehicle’s given environment, and their performance can be significantly affected in low light or direct sunlight scenarios, presenting potential safety hazards.
Furthermore, cameras capture two-dimensional images, making depth perception and accurate distance measurement more challenging. These potential limitations underscore the need for more robust perception technology that can provide more information about what’s truly happening in the surrounding environment.
Hesai LiDAR can help enhance safety
LiDAR, such as the AT512 from Hesai, uses laser pulses to scan the environment in three dimensions in real-time. This enables a vehicle’s onboard computer to understand its surroundings, offering a reliable and effective solution to the limitations presented when using camera technology alone.
Hesai Technology’s LiDAR is unaffected by lighting conditions, ensuring consistent performance day and night, and in various weather conditions, including fog and heavy rain, where cameras can sometimes struggle. This independence from external light sources makes LiDAR an effective tool for self-driving vehicles, ADAS, and robots that require reliable and constant navigation capabilities.
Another advantage of LiDAR is its ability to detect objects with high precision and measure their distances accurately. This capability is crucial for vehicles operating on public roads at high speeds, which need to identify hazards, such as pedestrians, other vehicles, and obstacles, from a distance and react accordingly to avoid accidents.
Companies like Hesai have also made significant advances in how LiDAR can be integrated into vehicles, cost, and data security. For example, Hesai’s new ATX LiDAR can be integrated into headlights for a sleeker, subtle design. Moreover, significant advances in LiDAR technology and how it’s manufactured have made it much more affordable, allowing automotive and robotics manufacturers to incorporate the technology without major cost increases for consumers.
Many people don’t know that as hardware, LiDAR is quite secure as it provides data to the vehicle or robot’s central computer for processing without any ability to store or transmit any data wirelessly because it lacks memory, Wi-Fi, Bluetooth, or cellular transmitters.
It also cannot collect biometric data, such as facial scans, because it’s a sensor, not a camera. Furthermore, the 3D maps LiDAR creates of the world around it are not detailed enough for said images.
Tech stacks that maximize safety
Although as a LiDAR technology developer, Hesai would argue it offers superior capabilities in object detection and environmental mapping, the company admits its sensors are most effective when used in conjunction with camera systems.
Camera technology has laid the groundwork for the development of autonomous systems, but LiDAR can help overcome the inherent limitations of cameras and ensure the unparalleled safety that consumers and regulators demand. Combined with vision cameras, Hesai’s LiDAR sensors, like the automotive-grade ultra-high resolution AT128 for instance, can offer vehicles a one-two punch in failsafe ADAS technology.
Hesai explains that the integration of LiDAR technology has already shown promising results in enhancing safety across various applications. In the automotive industry, LiDAR-equipped vehicles have demonstrated improved obstacle detection and collision avoidance capabilities, significantly reducing the risk of accidents. With LiDAR technology rapidly evolving, its integration into new applications is quickly becoming more widespread.
The future of autonomous driving is not just about leading the charge but doing so with the assurance that every possible measure for safety has been employed. As the industry moves forward, Hesai Technology strongly believes the combined use of LiDAR and camera systems will be pivotal in achieving the highest safety standards.
Nuclear energy is set for a “renaissance” that will be accelerated by backing from U.S. President Donald Trump’s administration.
That’s according to Yuri Khodjamirian, chief information officer at Tema ETFs, who noted that the Trump administration is “very, very interested in backing this technology.’ However, he also warned investors that developing this energy source is “going to take time.”
New nuclear technology approvals take “10 years to get done,” Khodjamirian said, but added that the nuclear re-emergence will likely be accelerated under the new Trump administration.
Speaking to CNBC’s Silvia Amaro on Tuesday’s “Squawk Box Europe,” Khodjamirian said his investment fund has its eyes on firms with a history of developing nuclear technology, such as U.S.-based BWX Technologies, which builds nuclear reactors for military carriers and submarines.
Khodjamirian said Tema is being “very selective in a new technology called small scale modular reactors.”
Small scale modular reactors (SMRs) are advanced nuclear reactors with the ability to provide around one-third of the generating capacity of traditional nuclear power reactors, according to the International Atomic Energy Agency.
SMRs take up less physical space compared to conventional reactors and produce a large amount of low-carbon electricity.
“There’s a lot of excitement there, and equally, a lot of loss-making companies that have unproven technologies, and we’re going for companies that have projects that are approved,” Khodjamirian said.
The nuclear energy renaissance is partly driven by a wave of people that are “realizing that it’s a stable, clean source of energy,” the chief investment officer said, adding that he believes that “there is a need for extra investment” in nuclear, alongside green energy sources that are variable in their electricity production.
“Renewables are good. They can be put up to speed quickly, but they require battery storage,” he said.
Wright is a known nuclear energy supporter, having previously served on the board of advanced reactor company Oklo, as well as having held the position of chief executive at Liberty Energy. The energy firm has since appointed a new CEO following Wright’s confirmation as U.S. secretary of energy.
Khodjamirian is also closely monitoring artificial intelligence volatility, after the emergence of China’s Open AI model DeepSeek sparked concerns over how much money big tech companies will invest in AI.
European nations have voiced security concerns over DeepSeek.
Italy was the first country to block DeepSeek on data protection concerns. France‘s privacy watchdog has expressed concerns and South Korea’s industry ministry has temporarily restricted employee access to the Chinese startup’s AI model.
Taiwan, meanwhile, banned state departments from using the Beijing-based chatbot, wary of potential security threats from Beijing.
The international pushback shows that “no one really knows exactly how to defend digital borders,” according to Khodjamirian.
Global concern will “limit the growth of this model, because it’s coming out of China, but it’s clearly showing you that the West needs to be aware that there’s a lot of technical development,” he said.
“[But] I do think it redraws some of the lines, and it’ll be interesting to see how the U.S. in particular reacts,” he added.
We are finally getting a look at Volkswagen’s answer to BYD and other low-cost Chinese electric cars. Volkswagen previewed its cheapest EV for the first time on Wednesday. It will kick off a new series of entry-level electric vehicles, with starting prices at €20,000, or just over $20,000.
Volkswagen teases its cheapest EV for the first time
At a meeting at its Wolfsburg plant on Wednesday, Volkswagen gave employees a sneak peek at the new model. The auto giant confirmed it will be a part of a new small electric car lineup.
Volkswagen said the new entry-level EV, with a base price of €20,000 ($20,000), “will be attractive for a wide variety” of buyers.
The first model in the new series will be the production version of the ID.2all, which was unveiled in March 2022. Volkswagen said the first ID.2 models will arrive at dealerships in 2026 with a base price of less than €25,000 ($26,000).
CEO Thomas Shafer said at the meeting, “With the conclusion of negotiations in December, we set the largest future plan in Volkswagen’s history in motion.”
The ID.2 and new entry-level EV (likely the ID.1) will be key to Volkswagen’s plans to catch up with EV leaders like BYD and Tesla.
Based on the MEB Entry Platform, the ID.2 is expected to have a range of up to 279 miles (450 km). Volkswagen also teased an SUV version, which will follow in its upcoming entry-level EV lineup.
Volkswagen will introduce the show car for its new entry-level EV. The company plans to reveal the production model in 2027.
Volkswagen is preparing its Wolfsburg plant for the upcoming entry-level models. Shafer stressed that the plant would “remain the heart of the Volkswagen brand in the electric age.” It will also produce the next-gen electric Golf on Volkswagen’s new SSP platform alongside the new T-Roc EV.
For those in the US, don’t get too excited. The new entry-level EV likely won’t make the trip overseas. Shafer described the model as ” an affordable, high-quality, and profitable electric Volkswagen from Europe for Europe.”
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Mercedes-Benz had a rough EV sales year in 2024 in the US, so it’s hitting the reset button this year. To lure buyers back in, the automaker is already rolling out sweet discounts on its 2025 EVs.
Sales of the EQB (36%), EQE (39%), and EQS (52%) decreased by sizeable margins in 2024, so Mercedes is taking action. Online vehicle research firm CarsDirect reports that Mercedes sent a bulletin to dealerships on February 3 outlining discounts on its 2025 EVs.
Some of the automaker’s largest discounts are on its most expensive EV models, such as the EQS AMG sedan, AMG EQE sedan, and AMG EQE SUV, so if you’re in the market for one of these models, now’s your chance.
The AMG EQS Sedan is available with a discount of $15,000. With the AMG EQS Sedan starting at $148,700, the $15,000 discount amounts to a 10% reduction in the EV’s price tag.
The AMG EQE Sedan is available at a $10,000 discount, and the AMG EQE SUV can be had with an $8,000 discount.
Mercedes is also offering the Maybach EQS 680 SUV – the automaker’s flagship EV – with a discount of $10,500. The Maybach EQS 680 SUV’s MSRP starts at $179,900, so the discount knocks around 6% off the SUV’s price tag. The EQS 580 SUV is also reduced by $10,500, which results in 8% off its price tag.
Mercedes-Benz is also slashing $13,500 off the EQS 450 Sedan and EQS 580 Sedan. The EQS 450 Sedan starts at $108,550 (12% discount), and the EQS 580 Sedan MSRP is $128,500 (11% discount).
CarsDirect says the discounts are offered as the Mercedes Incentive Bonus and are unadvertised dealer cash incentives on select models. These aren’t the only 2025 Mercedes EVs that have discounts, so ask the dealer about other models, but these are the largest discounts CarsDirect found.
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