Hesai Recognized on Fortune's 2025 Change the World List for Redefining Road Safety
Rhea-AI Summary
Hesai Technology (NASDAQ:HSAI) has been named to Fortune's prestigious 2025 Change the World list, recognizing its transformative impact on global road safety through lidar technology. The company is the only lidar manufacturer among 50 companies featured this year.
Hesai's lidar solutions have demonstrated significant real-world impact, with Li Auto reporting a 20% reduction in general road accidents and 90% reduction in fatal highway accidents in vehicles equipped with their technology. The company has achieved 120 design wins and partnerships with 24 OEMs across more than 40 countries.
Through innovative ASIC technology and mass production, Hesai has reduced lidar costs by 99.5%, making advanced driver-assistance systems accessible in EVs priced as low as $15,000, democratizing this life-saving technology.
Positive
- Achieved 99.5% cost reduction in lidar technology, enabling mass market adoption
- Secured 120 design wins and partnerships with 24 OEMs across 40+ countries
- Demonstrated 20% reduction in general accidents and 90% reduction in fatal highway accidents with Li Auto
- Successfully democratized ADAS technology for EVs as low as $15,000
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, HSAI gained 0.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Each year, Fortune's Change the World list highlights 50 of the world's most innovative companies that create meaningful social or environmental impact through their core business strategies. Hesai is the only lidar company to be featured this year, joining industry leaders such as Alibaba, Deloitte, Mastercard, and Schneider Electric.
Fortune editors recognized Hesai's significant contributions to the Public Health and Safety sector by bringing lidar to the mass market and transforming vehicle safety worldwide. According to the World Health Organization, traffic accidents claim nearly 1.2 million lives annually and leave millions more with serious injuries or disabilities. Acting as an "invisible seatbelt," Hesai's lidar solutions deliver real-time 3D perception, detecting obstacles even in the most challenging conditions such as rain, fog, and complete darkness. This cutting-edge technology gives vehicles and perception algorithms critical extra time to identify hazards, respond earlier, and prevent accidents before they occur.
Publicly available data demonstrates the impact of Hesai's lidar. Li Auto, a leading automaker, reports that its vehicles equipped with Hesai lidar have reduced general road accidents by
Through proprietary ASIC technology and mass-production capabilities, Hesai has reduced the cost of its lidars by
Looking ahead, Hesai will continue advancing road safety with its high-performance, reliable, and scalable lidar technology—saving more lives on the road each year.
See the full award list here: https://fortune.com/change-the-world/
About Hesai
Hesai Technology (NASDAQ: HSAI and HKEX: 2525) is a global leader in lidar solutions. The company's lidar products enable a broad spectrum of applications including passenger and commercial vehicles ("ADAS"), as well as autonomous driving vehicles and robotics and other non-automotive applications such as last-mile delivery robots and AGVs ("Robotics"). Hesai seamlessly integrates its in-house manufacturing process with lidar R&D and design, enabling rapid product iteration while ensuring high performance, high quality and affordability. The company's commercially validated solutions are backed by superior R&D capabilities across optics, mechanics, and electronics. Hesai has established offices in
View original content:https://www.prnewswire.com/news-releases/hesai-recognized-on-fortunes-2025-change-the-world-list-for-redefining-road-safety-302567030.html
SOURCE Hesai Technology