Hesai Selected as Exclusive Short-Range Lidar Supplier for Motional's All-Electric IONIQ 5 Robotaxi

Rhea-AI Summary

Hesai Technology (NASDAQ: HSAI), a global leader in lidar solutions, has been officially recognized as the exclusive short-range lidar supplier for Motional's all-electric IONIQ 5 robotaxi, following a two-year partnership. Motional, specializing in Level 4 autonomous vehicles, integrates Hesai's lidar technology as a core safety component for their robotaxis.

Hesai stands out for its industry-leading data security certifications, including ISO/SAE 21434 for cybersecurity, ISO 21448 for intended functional safety processes, and ISO 26262 for functional safety of products. The company maintains a strong global presence across 40+ countries, providing engineering support and fostering close customer collaboration.

Positive

• Exclusive supplier partnership with Motional for IONIQ 5 robotaxi
• First lidar company globally to obtain three major safety certifications (ISO/SAE 21434, ISO 21448, ISO 26262)
• Established presence in over 40 countries across US, Europe, and Asia

Negative

• None.

News Market Reaction

+2.21%

1 alert

+2.21% News Effect

+$76M Valuation Impact

$3.52B Market Cap

0.7x Rel. Volume

On the day this news was published, HSAI gained 2.21%, reflecting a moderate positive market reaction. This price movement added approximately $76M to the company's valuation, bringing the market cap to $3.52B at that time.

Data tracked by StockTitan Argus on the day of publication.

PALO ALTO, Calif., Sept. 4, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in lidar solutions, has been the exclusive short-range lidar supplier for Motional's all-electric IONIQ 5 robotaxi for over two years. Today's announcement reflects a formal recognition of the long-standing partnership between the two companies and marks an important milestone in Hesai's mission to deliver high-performance, reliable 3D lidars that enable autonomous mobility.

A global leader in driverless technology, Motional is developing Level 4 autonomous vehicles (AVs) for on-demand mobility applications. Motional uses advanced AI, including embodied foundation models, to deliver a high-performing and safe autonomous driving system that can effectively scale across cities. The company has long-standing partnerships with the world's leading ride-hail networks, and has introduced hundreds of thousands of consumers to autonomous rides.

Lidar is a core safety component that serves as the eye of autonomous vehicles. Hesai's lidar leads the industry not only in performance, but also in data security, having received top marks in third-party security assessments, including those by TÜV Rheinland and DEKRA. Hesai is the first lidar company in the world to obtain ISO/SAE 21434 certification for cybersecurity, ISO 21448 certification for intended functional safety processes, and ISO 26262 certification for functional safety of products, demonstrating its ongoing commitment to delivering the highest level of safety.

"We are honored to support Motional's mission to scale safe and reliable robotaxis," said Bob in den Bosch, SVP of Global Sales at Hesai. "Our team is committed to providing industry-leading lidar solutions that meet the highest standards of safety and security."

Hesai has already established a strong global business presence in the U.S., Europe, and Asia, with customers spanning over 40 countries. By extending support and engineering resources across the globe, Hesai facilitates close collaboration with customers. The company will continue to collaborate with global OEMs to integrate advanced lidar technology into new vehicles, bringing higher quality and more intelligent driving solutions to consumers around the world.

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SOURCE Hesai Technology

FAQ

What is Hesai's role in Motional's IONIQ 5 robotaxi program?

Hesai Technology serves as the exclusive short-range lidar supplier for Motional's all-electric IONIQ 5 robotaxi, providing essential safety components for autonomous operation.

What safety certifications does Hesai (HSAI) hold for its lidar technology?

Hesai is the first lidar company to obtain ISO/SAE 21434 (cybersecurity), ISO 21448 (functional safety processes), and ISO 26262 (product functional safety) certifications.

How many countries does Hesai Technology operate in?

Hesai has established a strong global presence across more than 40 countries in the US, Europe, and Asia, providing local support and engineering resources.

What level of autonomous driving technology does Motional develop?

Motional develops Level 4 autonomous vehicles (AVs) for on-demand mobility applications, using advanced AI including embodied foundation models.