Hesai Technology, a global provider of lidar solutions, announced the official opening of its European office in Stuttgart, Germany. With this strategic move, Hesai says it aims to “further tap into the European markets, accelerating its business growth and reinforcing its position as a key player in the global lidar industry.”
The establishment of the European office is another important milestone in Hesai’s global business strategy. Stuttgart is the home of automobile with more than 2,000 automotive supply chain companies. Top OEMs such as Daimler, Mercedes-Benz, Porsche, and many international Tier 1 companies such as ZF and Bosch, all have their headquarters located here. In addition, more than 20 universities, research institutions, and development organizations related to the automotive industry are also in Stuttgart, providing a large local talent base.
By setting up the European office in Stuttgart, Hesai says it is able to fully utilize the local resources in the field of automotive and parts manufacturing to enhance its competitiveness in the European markets. Hesai has already obtained the highest level of TISAX AL3 evaluation label earlier this year, and has passed the stringent admission requirements of the European automotive supply chain, which enables it to provide safe and reliable services to European OEM customers, according to the company.