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Hesai Group Q1 Earnings Call Highlights

Hesai David Li Hesai Group SGI MarketBeat MercedesBenz Li Auto

Hesai Group (NASDAQ:HSAI) reported first-quarter 2026 revenue growth and continued profitability while outlining a broader strategic shift beyond lidar into what management called “spatial intelligence” and physical AI.

On the earnings call, CEO David Li said the company has entered a “new era of growth and possibility” as it expands from its core lidar business into new products intended to help machines perceive, understand and interact with the physical world. The company also announced that it is serving as a strategic lidar partner and confirmed supplier for Mercedes-Benz models enabling Level 3 autonomy.

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