Hesai’s reported removal from Pentagon blacklist draws criticism from Republican senators

Quick Summary:

Financial Times said the sensor maker has been dropped from a list of Chinese companies barred from defence contracts, but the Pentagon won’t confirm or deny.

In May, Senator Bob Casey, Democrat of Pennsylvania, joined the pair in an appeal to the US stock index Nasdaq to “immediately revoke Hesai’s status as a publicly traded company in the United States and prevent further investment in a company that is supporting the Chinese military”.

Paul Triolo, who spent over 25 years in senior positions in the US government, described the issue as a “significant embarrassment” for the US because “it suggests that the justifications for putting a range of Chinese commercial companies on all the various lists may be suspect, and should all likely be re-examined”.

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Article Details

Author / Journalist: Khushboo Razdan

Category: Technology

Markets: Hong KongChinaUnited States

Topics: Department Companies Pentagon Chinese China Lidar Hesai Company Blacklist Defence Hesai’s

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 05:08:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 824 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22082350

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