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Hesai Achieves Milestone as the World's First Lidar Company to Deliver 100K Units Per Month

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Hesai Technology (HSAI) has achieved a significant milestone as the first lidar company globally to deliver over 100,000 lidar units in December 2024, along with a record 20,000 units for the robotics market. The company plans to expand its annual capacity to exceed 2 million units in 2025.

Hesai has secured more than 100 design wins across 21 automotive OEMs, including recent wins from three of China's top five automakers. In the robotics sector, Hesai serves customers across 40+ countries in various applications including delivery robots, autonomous lawn mowers, and cleaning robots. The company maintains operations in Europe, US, and Asia, with over 1,700 patents in its portfolio.

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Positive

  • First lidar company to achieve 100,000 monthly unit deliveries
  • Record 20,000 unit deliveries in robotics segment
  • Planned capacity expansion to 2 million units annually in 2025
  • Secured 100+ design wins across 21 automotive OEMs
  • Strong patent portfolio with 1,700+ patents
  • Global presence across major markets

Negative

  • None.

News Market Reaction 1 Alert

+8.73% News Effect

On the day this news was published, HSAI gained 8.73%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PALO ALTO, Calif., Dec. 30, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar technology, today announced that the company has delivered more than 100,000 lidar units during the month of December, becoming the world's first lidar company to reach this milestone. Meanwhile, Hesai also announced a record number of lidar deliveries for the robotics market, surpassing 20,000 lidar units in December. In 2025, Hesai's planned annual capacity exceeds 2 million units , supported by the company's mass production capabilities and research and development innovation.

In the ADAS market, Hesai has earned more than 100 design wins across 21 automotive OEMs, including recent new design wins for more than 10 series production vehicle models from three of China's top five automakers*.

The three automakers include an industry giant with millions of annual deliveries, a leading automaker with top sales in both China and overseas markets, and a well-known automaker with multiple best-selling brands and a global footprint. All three design wins cover a wide range of vehicle brands and models. Many of these models, featuring Hesai's ATX, an ultra-compact high-performance lidar, are expected to launch in 2025.

Hesai has earned more than 100 design wins across 21 automotive OEMs

In the robotics market, Hesai has established a wide customer base across more than 40 countries in areas such as delivery robots, autonomous lawn mowers, cleaning robots, AGVs and AMRs, and more. The company will launch its newest model, a mini high-performance 3D lidar, and announce new partnerships in the robotics market at CES Las Vegas 2025.

With an operational footprint in Europe, the US, and Asia, and more than 1,700 patents deployed, Hesai will continue to invest in its resources and technical developments, leveraging advanced technology to shape the future of mobility. These advancements will enable Hesai to provide more powerful perception support and solutions for ADAS and robotics customers and to continue working together to create a safer and more intelligent furture for everyone.

*Top 5 refers to Chinese brands, excluding joint ventures

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hesai-achieves-milestone-as-the-worlds-first-lidar-company-to-deliver-100k-units-per-month-302340112.html

SOURCE Hesai Technology

FAQ

How many lidar units did Hesai (HSAI) deliver in December 2024?

Hesai delivered over 100,000 lidar units in December 2024, becoming the first lidar company globally to reach this milestone.

What is Hesai's (HSAI) planned production capacity for 2025?

Hesai plans to exceed 2 million units in annual production capacity for 2025.

How many automotive OEM design wins does Hesai (HSAI) have?

Hesai has secured more than 100 design wins across 21 automotive OEMs, including recent wins from three of China's top five automakers.

What was Hesai's (HSAI) robotics market delivery record in December 2024?

Hesai delivered over 20,000 lidar units for the robotics market in December 2024, setting a new record.

How many patents does Hesai (HSAI) currently hold?

Hesai holds more than 1,700 patents across its global operations.
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