PALO
ALTO, Calif., March 10,
2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI),
the global leader in lidar technology for automotive mobility and
robotics applications, announced today a new exclusive design win
with a leading European OEM. Hesai will provide advanced
ultra-long-range automotive lidars for the OEM's upcoming platform,
including both internal combustion engine (ICE) and electric
vehicle (EV) models. This multi-year
program will last into the next decade, marking it the largest
global program for the automotive lidar industry.
"This long-term partnership is a resounding endorsement of our
unrivaled performance and quality. Meeting the rigorous standards
of a market leader, our quality has become our namecard—a powerful
symbol of excellence and a vote of confidence in our visionary
future. We are immensely proud to empower the future of mobility,
with our state-of-the-art lidar technology playing a pivotal role
in conventional and electric vehicle platforms," said Hesai CEO and
Co-Founder David Li. "This design
win illustrates the importance of lidar technology for the future
of advanced intelligent driving systems, helping to enhance safety,
prevent accidents, and save lives."
As of February 2025, Hesai has
earned 120 design wins across 22 automotive OEMs. In December 2024, Hesai became the first lidar
company in the world to deliver more than 100,000 units in a single
month.
About Hesai Technology
Hesai Technology (Nasdaq: HSAI) 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 Shanghai, Palo
Alto and Stuttgart, with
customers spanning more than 40 countries.
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SOURCE Hesai Technology
