Hesai Technology Secures Major European Lidar Deal for EVs

Hesai Technology's Recent Milestone with a European OEM

Hesai Technology (NASDAQ: HSAI), known for its innovative lidar technology, has achieved a significant milestone by securing an exclusive multi-year contract with a leading European original equipment manufacturer (OEM). This partnership is set to advance the capabilities of both internal combustion engine (ICE) and electric vehicle (EV) models, showcasing the potential of advanced lidar systems in the automotive sector.

The Scope of the New Partnership

This groundbreaking deal not only represents a commitment to cutting-edge technology but is also a testament to the evolving landscape of automotive safety and mobility. Hesai will be providing their advanced ultra-long-range automotive lidar systems, which are crucial for enhancing intelligent driving systems. These systems are designed to improve safety, minimize accidents, and, ultimately, save lives.

Insights from the CEO

David Li, the CEO and Co-Founder of Hesai, expressed his pride in this achievement, highlighting that this contract serves as a powerful endorsement of the company’s exceptional performance and quality standards. He stated, "Our lidar technology stands at the forefront of future mobility solutions, ensuring that our solutions not only meet but exceed the expectations of our partners in the industry."

Hesai's Momentum in the Automotive Industry

As of early 2025, Hesai Technology has recorded notable success with 120 design wins across 22 automotive OEMs. This impressive growth trajectory was marked in December 2024 when Hesai became the first lidar company worldwide to deliver over 100,000 units in a single month. Such accomplishments underline Hesai’s leading position in the lidar market.

About Hesai Technology

Founded to pioneer lidar solutions, Hesai Technology (HSAI) has positioned itself as a market leader with a diverse portfolio that caters to both passenger and commercial vehicles as well as robotics applications. The company emphasizes rapid product development through a seamless integration of manufacturing and R&D, allowing it to maintain a competitive edge in quality and performance. The company's products are supported by in-depth research and development capabilities across optics and electronics.

Global Presence and Future Prospects

With offices in key locations, including Shanghai and Palo Alto, Hesai serves clients in over 40 countries, indicating a robust global footprint. The company’s ongoing commitment to innovation is evident in its continuous investment in R&D, ensuring that it remains at the cutting edge of lidar technology, paving the way for future advancements in vehicle automation and robotics.

Frequently Asked Questions

What is the significance of this lidar contract for Hesai Technology?

This contract reinforces Hesai's leading position in the lidar market, showcasing its capability to meet the demands of major automotive OEMs.

How does lidar technology enhance vehicle safety?

Lidar technology improves navigation and obstacle detection, which significantly enhances safety by helping to prevent accidents.

What types of vehicles will benefit from Hesai's lidar systems?

Both internal combustion engine (ICE) and electric vehicles (EVs) are set to incorporate Hesai's advanced lidar systems, benefiting from improved driving assistance technologies.

How many design wins has Hesai Technology achieved?

As of 2025, Hesai has achieved 120 design wins with 22 automotive OEMs, reflecting its strong market presence.

What is the future outlook for Hesai Technology in the lidar industry?

Hesai is expected to continue its trajectory of innovation and growth in the lidar industry, driven by increasing demand for advanced automotive technologies worldwide.

About The Author

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