On November 14th, Hesai Technology (NASDAQ: HSAI) released its unaudited financial data for the third quarter of 2023. According to the financial report, Hesai Technology achieved a revenue of 450 million yuan in the third quarter, a year-on-year increase of 33.5%, mainly due to increased demand and delivery of autonomous driving and ADAS lidar products. Hesai achieved a revenue of 1.32 billion yuan in the first three quarters, a year-on-year increase of 65.8%.