Hesai Group Stock Price, News & Analysis

Hesai Technology (NASDAQ: HSAI) announced a partnership with MOVIN on January 5, 2026 to supply Hesai's JT128 lidar for MOVIN's TRACIN 3D motion-capture device.

JT128 offers a 360° × 189° field of view, 128 channels, high-resolution low-latency point clouds, up to 12-hour tracking sessions, and a compact form factor that trims setup time from two hours to three minutes. The JT series has surpassed 200,000 cumulative deliveries. Hesai will demo JT128-enabled devices at CES 2026, Booth 5601.

Hesai (NASDAQ: HSAI) announced at CES 2026 it will double annual lidar production capacity in 2026 from 2 million to over 4 million units to meet rising ADAS and robotics demand. The expansion builds on Hesai surpassing 2 million cumulative deliveries in 2025, four generations of proprietary ASICs, fully automated lines with a 10-second cycle time, and a new factory in Bangkok expected to begin operations in early 2027. Hesai reported ATX orders exceeding 4 million units with mass production and delivery starting in April 2026 and holds design wins with 24 automotive OEMs.

Hesai Technology (NASDAQ: HSAI) announced a partnership to supply its second-generation solid-state lidar FTX for Meituan's Keeta Drone delivery fleet, aiming to accelerate low-altitude commercial drone logistics.

Key points: Keeta operates 65 delivery routes and has completed >740,000 deliveries. FTX offers 2x resolution, a 66% weight reduction, ultra-wide field of view, all-weather performance, and is slated for large-scale production and delivery in 2026. Keeta demonstrated a 2-km nighttime lidar-only flight, highlighting lidar-based navigation without satellite or vision reliance.

Hesai Technology (NASDAQ: HSAI) was named the only lidar company on Morgan Stanley's "Humanoid Tech 25" list of the world's 25 most influential robotics companies on Dec 15, 2025. The recognition cites Hesai's role in delivering 3D perception for real-world robotics and embodied AI.

Key disclosed metrics: Hesai exceeded 2 million cumulative automotive lidar deliveries in 2025, ranked No.1 in ADAS main lidar market share for nine consecutive months, operates fully automated lines producing one lidar every 10 seconds, and its JT-series robotics lidars surpassed 200,000 cumulative deliveries.

Hesai Technology (NASDAQ: HSAI) will exhibit at CES 2026 in Las Vegas from January 6–9, 2026 (LVCC West Hall #5601) to demo ADAS and robotics lidar solutions.

Hesai highlights surpassing 2 million cumulative lidar deliveries in 2025, design wins with 24 automotive OEMs across >120 vehicle models (deliveries slated 2026–2030), and live demos of its L3 automotive suite including long-range ETX, short-range FTX, and JT series lidars used by robotics customers.

Hesai Technology (Nasdaq: HSAI) on November 11, 2025 said it was selected by Li Auto to supply lidars for all models in Li Auto's next‑generation assisted driving platform, including the L Series, i Series and MEGA. Hesai will serve as Li Auto's exclusive lidar supplier and will continue providing automotive‑grade lidar products and perception technologies.

Li Auto has delivered over 1.46 million vehicles as of October 31, 2025, and made lidar standard across new models since May 2025. Hesai and Li Auto describe an ongoing collaboration since 2021 that includes development and mass production of lidar hardware, with plans to deepen cooperation to accelerate ADAS adoption.

Hesai Group (NASDAQ: HSAI) reported Q3 2025 unaudited results on Nov 11, 2025: net revenues RMB795.4M (US$111.7M), total lidar shipments 441,398 units, and net income RMB256.2M (US$36.0M). Gross margin was 42.1%. ADAS shipments were 380,759 and Robotics shipments were 60,639 in Q3. Management raised full-year GAAP net income guidance to RMB350–450M and noted a successful Hong Kong dual-primary listing that raised US$614M (after greenshoe). Cash, restricted cash and short-term investments totaled RMB7,368.8M as of Sept 30, 2025. The company expects Q4 2025 revenues of RMB1,000–1,200M.

Hesai Group (NASDAQ: HSAI) will report its third quarter 2025 unaudited financial results on Tuesday, November 11, 2025 before U.S. market open. Management will host an earnings conference call on November 11, 2025 at 7:00 AM ET (8:00 PM Beijing/Hong Kong Time).

Participants must pre-register via the provided link to receive dial-in details: https://s1.c-conf.com/diamondpass/10050816-wmspy5.html. A live and archived webcast will be available at https://investor.hesaitech.com. A replay will be accessible about one hour after the call until November 18, 2025 using the replay PIN 10050816 (US: +1-855-883-1031; International: +61-7-3107-6325; Hong Kong: 800-930-639; China Mainland: 400-120-9216).

Hesai (NASDAQ: HSAI) announced it produced its 1,000,000th lidar unit in 2025, making it the first lidar company to exceed one million units in annual production. Hesai reported cumulative deliveries of 1.37 million units as of Q2 2025 and a planned 2025 production capacity of 2 million units with annual deliveries projected at 1.2–1.5 million units. The company cites fully automated lines that can produce one lidar every 20 seconds, an in‑house Smart Cloud MES for traceability, independent development of seven key lidar components, and mass‑production contracts across AT/ET/FT/XT/OT/JT series. Hesai also noted JT series deliveries exceeded 100,000 units in five months and 120 vehicle models across 24 OEMs are scheduled for production 2025–2027.