Brief

Hesai Technology has announced a strategic partnership with Mercedes-Benz to supply L3 autonomous driving lidar systems, with production slated for their Thai factory. This collaboration is part of Hesai's strong financial performance, marked by 680 million RMB in revenue for the first quarter of 2026, continuing an eight-quarter streak of year-over-year growth. The news also touches on Stellantis's potential collaboration with Leapmotor for electric vehicle production in Italy and an unrelated announcement about free ChatGPT Plus access in a specific country. AI

XPeng has launched its new GX SUV with a significant price reduction, dropping from a nearly 400,000 yuan pre-sale price to a 270,000 yuan starting price. This aggressive pricing strategy has led to a surge in orders and a positive market reaction, with the company's stock price increasing. The GX model emphasizes safety, advanced intelligent driving features, and a spacious interior, aiming to capture a larger share of the premium SUV market and improve the company's profitability. AI