BYD's FANGCHENGBAO hits 400,000 cumulative vehicle salesOn May 20, BYD's personalized new energy brand FANGCHENGBAO officially announced its cumulative vehicle sales had reached 400,000 units, with the TAI 7 model alone surpassing 150,000 units sold. The milestone comes just around four months after the brand crossed 300,000 cumulative sales and 100,000 TAI 7 deliveries in January 2026.Key highlights:✅ TAI 7 reached 150,000 cumulative sales✅ Brand lineup now includes Bao 5, Bao 8, Tai 3, and TAI 7✅ TAI 7 launched in September 2025 with prices ranging from 179,800 yuan to 219,800 yuan✅ Equipped with DiPilot 300 LiDAR-assisted driving system on top trims✅ Features BYD's DiSus-C intelligent suspension and optional in-car drone systemPositioned as the first "personalized boxy SUV" under the Tai series, the TAI 7 has become a major growth driver for FANGCHENGBAO thanks to its balanced product positioning, intelligent features, and strong market momentum.Hesai becomes Mercedes-Benz LiDAR partner for L3 vehiclesOn May 19, Hesai Technology announced it had become a strategic LiDAR partner for Mercedes-Benz and was confirmed as a supplier for the automaker's Level 3 autonomous driving vehicle programs.Key highlights:✅ Supplying LiDAR products for Mercedes-Benz L3 vehicle projects in Europe and China✅ Production to be supported by Hesai's new "Galileo" manufacturing center in Thailand✅ Q1 2026 revenue reached 680 million yuan, up 29.6% year-on-year✅ Achieved fourth consecutive quarter of GAAP profitability✅ Total LiDAR shipments in Q1 climbed 140.9% year-on-year to 471,723 unitsHesai also announced a strategic business restructuring, separating operations into "LiDAR Business" and "Strategic Growth Initiatives (SGI)" segments focused on physical AI opportunities. According to Gasgoo Research Institute data, Hesai's market share in China's primary automotive LiDAR market exceeded 55% in March 2026, maintaining the industry's top position for 14 consecutive months.Magna wins European automaker DMS/OMS programMagna recently secured a project nomination from a European automaker for its Driver Monitoring System and Occupant Monitoring System (DMS/OMS).Key technology features:✅ Rearview mirror-integrated DMS/OMS architecture✅ Hidden in-mirror camera design without additional exposed hardware✅ Integrated sensing, lighting, electronic controls, and software algorithms✅ Compatible with centralized and software-defined vehicle architectures✅ Scalable platform adaptable to multiple vehicle models and global marketsMagna said the system enables advanced driver and occupant perception capabilities without increasing cockpit complexity, while allowing future software-based function upgrades and supporting evolving global safety and regulatory requirements.