Stock Taper 
Hesai Group, founded in 2014 in Shanghai, develops and sells 3D LiDAR solutions for autonomous vehicles, mobility services, delivery robots, and logistics applications.
The ATX is a 2024 ultra-wide, long-range LiDAR sensor for ADAS, praised for its compact design and performance, securing widespread adoption across domestic and international automakers for mass-produced vehicles.
In March 2025, short-seller Blue Orca Capital published a report labeling Hesai Group a 'Chinese scam.' The report alleged the company was misleading investors and the U.S. government about its involvement with the Chinese military and claimed it had significantly overstated its revenue, leading to a sharp decline in its stock price and prompting a securities fraud investigation.
In a significant strategic move to meet surging global demand for its LiDAR products, Hesai Group began a substantial expansion of its manufacturing capabilities in 2025. This included the decision to build a new factory in Bangkok, Thailand, and a plan to double its total annual production capacity from 2 million units in 2025 to 4 million units in 2026.
Hesai Group (NASDAQ: HSAI - Get Free Report) and Benchmark Electronics (NYSE: BHE - Get Free Report) are both mid-cap technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, profitability, institutional ownership, dividends, earnings, analyst recommendations and valuation. Profitability This table compares Hesai Group and
Overall rating: B-
| PEER | PRICE | |
|---|---|---|
 GTX | $26.21 | COMPARE |
 DAN | $28.05 | COMPARE |
 MHO | $133.92 | COMPARE |
 ASO | $52.55 | COMPARE |
 RRR | $51.69 | COMPARE |
 OUST | $41.55 | COMPARE |
 HOG | $26.80 | COMPARE |
 CARG | $28.76 | COMPARE |
