RBC Capital raised the firm’s price target on Mercedes-Benz (MBGYY) to EUR 79 from EUR 78 and keeps an Outperform rating on the shares.Light Up ...

Mercedes-Benz selects China’s Hesai for lidar in global smart cars, bypassing U.S. suppliers amid trade tensions and cost ...

German automaker Mercedes-Benz has announced plans to develop vehicles with intelligent driving capabilities using lidar ...

Mercedes-Benz is reportedly the latest luxury automaker that will use China’s EV smart tech. A Source with direct knowledge of the matter told Reuters that Mercedes-Benz will use Hesai’s lidar sensors ...

Mercedes has collaborated with Chinese lidar firm Hesai to enhance smart vehicle technology for international markets.

The move marks the first foreign automaker incorporating Chinese-made lidar technology for vehicles intended for sale outside ...

Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai's lidar sensors, a person with direct ...

The two companies are now looking to extend the partnership to include VW's Skoda-branded cars sold in Europe and also ...

Wall Street's slump persisted on Tuesday as major indices ended the day lower. The Dow Jones Industrial Average slid 1.1% to ...

Q4 revenue rose 28.3% year-over-year, with record full-year revenue and first-ever profitability for a listed LiDAR company.

Hesai Group shares are trading higher Tuesday after the company secured a multi-year deal with Mercedes-Benz to supply Lidar sensors.