Today: December 03, 2024
Today: December 03, 2024

China's Hesai to halve lidar prices next year, sees wide adoption in electric cars

Hesai Group headquarters in Shanghai
November 27, 2024
Reuters - Reuters

SHANGHAI (Reuters) - China's Hesai Group, the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in electric cars.

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Asia|Business|Economy|MidEast

Thanks to peace, two unexpected words are echoing across Afghanistan's capital: Luxury housing

Peace is driving up property prices in Kabul and fueling the luxury market

Thanks to peace, two unexpected words are echoing across Afghanistan's capital: Luxury housing
Asia|Environment|Political

Hong Kong leader says golf course ruling will not hit plans for public housing

A Hong Kong court's call for renewed public consultation on a plan to build 12,000 public homes on part of a prestigious golf course would not have a large impact on the city's

Hong Kong leader says golf course ruling will not hit plans for public housing
Asia|Political|World

Taiwan watching Chinese carrier movements as sources say war games may start this weekend

Taiwan's defence ministry said on Tuesday it is watching the movements of a Chinese aircraft carrier and assessing China's military activities as

Taiwan watching Chinese carrier movements as sources say war games may start this weekend
Asia|Business|Economy|Finance|Stock Markets|Technology|US

Stock market today: Asian shares rise after tech stocks pull Wall Street to another record

Asian shares are mostly higher after technology stocks pulled Wall Street to another record finish

Stock market today: Asian shares rise after tech stocks pull Wall Street to another record
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Asia|Environment|Travel|World

Floods wreak havoc in Malaysia, southern Thailand with over 30 killed, tens of thousands displaced

Floods wreak havoc in Malaysia, southern Thailand with over 30 killed, tens of thousands displaced
Asia|Business|Economy|Finance

Nomura has space to cut a further $187 million in costs, CEO says

Nomura has space to cut a further $187 million in costs, CEO says
Asia|Business|Crime|Economy|World

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case
Asia|Business|Economy|Finance

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports

Exxon weighs sale of Singapore fuel stations for $1 billion, Bloomberg News reports