Welcome to our dedicated page for Hesai Group news (Ticker: HSAI), a resource for investors and traders seeking the latest updates and insights on Hesai Group stock.
Hesai Group (HSAI) specializes in advanced 3D LiDAR technology powering autonomous vehicles, robotics, and industrial systems worldwide. This page provides centralized access to official company announcements and market-moving developments.
Key Resources: Track earnings reports, product innovation timelines, strategic partnerships, and technology certifications. Investors gain insights into Hesai's leadership in automotive-grade sensor solutions while analysts monitor patent activity and global expansion.
Content Focus: Expect detailed coverage of ADAS integration milestones, manufacturing capacity updates, and R&D breakthroughs. All materials are sourced from verified corporate communications to ensure accuracy.
Bookmark this page for structured access to Hesai's evolving role in shaping autonomous mobility ecosystems through cutting-edge environmental perception technology.
Hesai Group (Nasdaq: HSAI) announced that its advanced ATX lidar solution will be integrated as standard equipment in Zeekr's new luxury sedan, the 007GT. The ATX lidar, featuring Hesai's fourth-generation proprietary architecture, combines compact size with high performance and long-range capabilities.
The Zeekr 007GT is equipped with NVIDIA DRIVE dual Orin-X chips and 31 high-performance perception sensors, including the standard lidar. This sensor suite enhances detection accuracy in challenging conditions and can identify stationary vehicle accidents up to 100 meters ahead. As of March 2025, Zeekr's AEB function has prevented over 3.61 million potential collisions.
The ATX lidar has been selected by 11 leading OEMs for dozens of models, with production and deliveries beginning in Q1 2025.
Hesai Group (Nasdaq: HSAI) announced that its AT128 lidar has been selected for the first L4 production-ready Robotaxi, jointly developed by Didi Autonomous Driving and GAC Aion. The vehicle, unveiled at the 2025 GAC Tech Day, will enter mass production in 2025 with deployment starting in 2026.
The Robotaxi features four AT128 lidar sensors as part of its 360° perception system. The AT128 offers 1200×128 resolution, capturing 1.53 million points per second, with a detection range of 200 meters and 120° field of view. The vehicle incorporates 33 sensors total, using heterogeneous sensor fusion for real-time situational awareness.
Hesai Group (HSAI) maintains its position as the global leader in lidar technology, capturing 33% of the global market share by revenue in 2024, according to Yole Group's latest report. The lidar market experienced significant growth, expanding 60% year-on-year to $859 million.
The company dominates the robotaxi segment with a 61% market share, supplying major players like Zoox, Aurora, and Apollo. In the ADAS-enabled passenger vehicle market, which grew 68% year-on-year in 2024, Hesai has secured design wins with 22 OEMs across 120 vehicle models. Chinese automakers are now implementing lidar in mass-market models, including C-segment cars priced around $25,000.
Hesai achieved a significant milestone in December 2024, becoming the first lidar company to deliver over 100,000 units in a single month. The company stands out as the only industry player to achieve full-year non-GAAP profitability.
Hesai Technology (NASDAQ: HSAI) has announced its lidar solutions will power WeRide's autonomous vehicles operating on Uber's platform in Dubai, supporting the city's 2030 smart mobility initiative. Each autonomous vehicle will be equipped with four Hesai automotive-grade long-range lidars.
The partnership aligns with Dubai's goal to convert 25% of all city journeys into autonomous trips by 2030. WeRide, which secured the UAE's first national license for self-driving vehicles on public roads in July 2023, previously launched successful robotaxi operations in Abu Dhabi in 2021.
This collaboration builds upon Hesai and WeRide's existing relationship since 2019, when Hesai's lidars were first integrated into WeRide's autonomous fleets. In April 2022, the companies entered a strategic cooperation agreement to promote automotive-grade, hybrid solid-state lidar applications for L4 autonomous vehicles.
Hesai Group (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission (SEC) on April 1, 2025.
The annual report, which includes the Company's audited consolidated statements, is accessible through the SEC's website and Hesai's investor relations website. The Company will provide shareholders and American depositary shares holders with free hard copies of the annual report upon request.
Hesai Technology (Nasdaq: HSAI) announced its exclusive lidar solution will power Baidu Apollo Go's expansion into Dubai with a fleet of over 1,000 L4 autonomous vehicles. This follows their exclusive agreement from July 2024.
The deployment showcases Hesai's lidar technology enabling L4 autonomous driving in complex urban environments. Apollo Go's RT6 robotaxis have achieved a 60% cost reduction compared to previous generations in China operations. The platform has logged over 150 million kilometers of safe driving and provided more than 10 million rides to the public.
Hesai Technology (NASDAQ: HSAI) has secured an exclusive series production partnership with Chery Automobile's new energy brand, iCAR. The agreement involves integrating Hesai's ATX Lidar technology into new iCAR vehicles, with mass production set to begin in Q4 2025.
The ATX lidar, a compact long-range sensor, will enhance iCAR vehicles' perception capabilities for features including active braking, adaptive cruise control, urban navigation, and smart parking. This partnership aligns with Chery's intelligent mobility strategy.
Hesai has achieved significant milestones, securing design wins with 22 automotive OEMs for over 120 vehicle models globally. The company made history in December 2024 by becoming the first lidar company to deliver more than 100,000 units in a single month.
Hesai Group (NASDAQ: HSAI), a global leader in three-dimensional light detection and ranging (lidar) solutions, has issued an official response to a short-seller report published by Blue Orca Capital on March 19, 2025.
The company strongly refutes the allegations made in the report, stating they are without merit. Hesai emphasized its continued commitment to maintaining stringent standards of business ethics and regulatory compliance.
Hesai Technology has announced a significant new design win with one of China's top 5 NEV automakers, marking a major expansion in the automotive lidar market. The automaker, affiliated with a major global automotive group, will integrate Hesai's ATX lidar as a standard feature in their upcoming high-end smart EV models.
The announcement comes amid strong market growth, with automotive lidar installations reaching 1.5 million units in 2024, double the previous year's volume. According to Gasgoo Automotive Research Institute, lidar achieved a 29% penetration rate in China's EV market for vehicles priced above $20,000 as of December 2024.
Hesai's ATX lidar, built on their fourth-generation technology platform, features an optimized opto-mechanical structure and enhanced laser transceiver modules. The company is scaling up production capacity to 2 million units annually to meet increasing automaker demand in 2025.
Hesai Technology (NASDAQ: HSAI) has secured an exclusive multi-year contract with a leading European OEM to provide advanced ultra-long-range automotive lidars for their next-generation platform. The partnership will cover both internal combustion engine (ICE) and electric vehicle (EV) models, extending into the next decade and representing the largest global program in the automotive lidar industry.
CEO David Li emphasized the partnership as an endorsement of Hesai's performance and quality standards. As of February 2025, Hesai has achieved 120 design wins across 22 automotive OEMs. The company reached a significant milestone in December 2024, becoming the first lidar company globally to deliver over 100,000 units in a single month.
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