Game-Changing Lidar OT128 from Hesai Unveiled at IAA Transportation, Accelerating Autonomous Vehicles' Commercial Deployment
Rhea-AI Summary
Hesai Technology (Nasdaq: HSAI) has unveiled its new lidar solution, OT128, at the IAA Transportation fair in Hannover. The OT128 is a 360° long-range lidar designed for Level 4 autonomous driving and high-precision applications. Key features include:
- Detection range up to 200 meters at 10% reflectivity
- Angular resolution of 0.1° x 0.125°
- Over 3.45 million data points per second
- 95% reduction in production time per unit
- Automotive-grade reliability with ASIL B certification
- Design life exceeding 30,000 hours
The OT128 has already gained traction with European partners like Embotech and EasyMile for various autonomous vehicle applications. Hesai leads the global robotic car lidar market with a 74% market share.
Positive
- Launch of OT128, a new 360° long-range lidar solution for Level 4 autonomous driving
- 95% reduction in production time per unit compared to previous generation
- Automotive-grade reliability with ASIL B certification and 30,000+ hours design life
- Pre-launch endorsements from European partners like Embotech and EasyMile
- 74% market share in the global robotic car lidar market
- Cumulative deliveries of AT128 (previous model) surpassed 380,000 units
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HSAI declined 2.51%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Production Time Per Unit Reduced by
Promising exceptional sensing performance and certified automotive-grade reliability, the new sensor OT128 from Hesai is set to have a transformative impact on the European commercial vehicle sector.
Hesai's OT128 can achieve a detection range of up to 200 meters at
With
A highly versatile lidar, OT128 can clearly detect objects both near and far. The OT128 also has outstanding surface detection, even for objects that cameras struggle to identify, such as black cars.
As such, the OT128 has the potential to drive a new wave of innovation in the commercial automotive sector as it continues to strive for scalable commercial deployment of self-driving trucks, autonomous shuttles, last-mile delivery vehicles, and industrial automation. Many of these cutting-edge mobility solutions will be on display at the 2024 IAA Transportation fair in
Unmatched Automotive-Grade Durability and Safety Standards
Hesai's commitment to safety is reflected across its product portfolio, including Pandar128, QT128, and AT128, all of which have achieved ASIL B certification for functional safety. Additionally, Hesai follows a rigorous internal process to ensure the highest safety standards. Leveraging this experience, the OT128 also meets ISO 26262 ASIL B functional safety standards and complies with ISO 21434 cybersecurity requirements.
OT128 was designed from the outset to meet automotive-grade standards and has passed over 50 automotive-grade reliability tests. It boasts a design life exceeding 30,000 hours - three times the industry average - ensuring that the OT128 maintains exceptional performance even after prolonged operation in high temperatures. Similarly, OT128 demonstrates remarkable stability in complex mechanical shock and vibration environments, excelling under extreme conditions like high-speed driving on rough terrain and prolonged exposure to intense vibrations.
Proven Market Success and Strong Pre-Launch Endorsement
With the rapid growth of ADAS and the autonomous driving market, Hesai's first product featuring an integrated architecture, the AT128, has achieved significant volume expansion. As of the second quarter of 2024, cumulative deliveries of AT128 surpassed 380,000 units. Its technical architecture, quality and reliability have been highly praised by automotive OEMs, making it a market-proven product. The newly available OT128 has been developed on the same platform as AT128, re-using
Thanks to its excellent performance, greatly improved production efficiency and extremely high reliability, Hesai's OT128 has already been tested by pre-launch customer partners in
EasyMile, headquartered in
Embotech, a
Global Leadership and Future Outlook
Hesai made its European mobility fair debut at the 2023 IAA Mobility event in
According to the Lidar for Automotive 2024 report by Yole Intelligence, an international market research and strategy consulting firm, Hesai is ranked No. 1 in the robotic car lidar market globally, with a
Hesai has established a strong presence in
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SOURCE Hesai Technology