Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy and consolidation. The Shanghai- and California-based company, which makes the sensing technology critical to autonomous driving and increasingly advanced driver assistant systems, raised $190 million from its public offering on Nasdaq. As … Continue reading Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO