Hesai Secures Exclusive Lidar Design Wins for Li Auto's New-Generation Assisted Driving Platform
Rhea-AI Summary
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.
Positive
- Exclusive supplier for Li Auto's next‑generation assisted driving platform
- Coverage across L, i, and MEGA model families
- Li Auto delivered 1.46 million vehicles as of Oct 31, 2025
- Lidar made standard since May 2025 across Li Auto's new models
Negative
- None.
News Market Reaction 78 Alerts
On the day this news was published, HSAI declined 9.89%, reflecting a notable negative market reaction. Argus tracked a peak move of +2.5% during that session. Argus tracked a trough of -16.9% from its starting point during tracking. Our momentum scanner triggered 78 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $388M from the company's valuation, bringing the market cap to $3.53B at that time. Trading volume was elevated at 2.8x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Li Auto is a leading new‑energy vehicle manufacturer that designs, develops, manufactures, and sells premium smart electric vehicles, with over 1.46 million vehicles delivered as of October 31st, 2025. Since May 2025, Li Auto has made lidar a standard feature across all new models, further strengthening its commitment to intelligent driving safety.
Since 2021, Hesai and Li Auto have forged a close partnership built on continuous collaboration and innovation, achieving key milestones such as the development and mass production of automotive-grade lidars. Hesai's AT series lidar has empowered the mass production of Li Auto's vehicles with advanced driver-assistance capabilities, enhancing safety across complex driving scenarios.
Looking ahead, Hesai and Li Auto will further deepen their collaboration, accelerating ADAS adoption and bringing safer assisted driving experiences to more users worldwide.
View original content:https://www.prnewswire.com/news-releases/hesai-secures-exclusive-lidar-design-wins-for-li-autos-new-generation-assisted-driving-platform-302611349.html
SOURCE Hesai Technology
FAQ
What did Hesai (HSAI) announce on November 11, 2025 regarding Li Auto?
Which Li Auto models will use Hesai lidars under the November 11, 2025 announcement?
How large is Li Auto's vehicle base noted in Hesai's November 11, 2025 release?
Does the Hesai press release disclose order volumes or contract value for the Li Auto deal?
What is the significance of Li Auto making lidar standard since May 2025 for HSAI shareholders?
