China-based lidar maker Hesai Technology sues US DoD over list, citing reputational damage, stock drop, lost opportunities.

China-based lidar maker Hesai Technology has sued the US Department of Defense for including it on a list of companies accused of aiding China's military. Hesai, a developer of sensor technologies used in self-driving cars, claims the placement on the list has caused reputational damage, a drop in stock price, and lost business opportunities. The company is seeking an order from the court to remove it from the list or declare the provision unconstitutional.