PALO
ALTO, Calif., Oct. 10,
2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq:
HSAI) announced an ADAS lidar design win with Neta Auto's new
series production vehicle. Hesai will supply ultra-high resolution
long range lidar AT128 for Neta Auto's upcoming vehicle model which
is expected to launch in the first half of 2025.
Neta Auto is a leader in the smart EV industry. The company is
committed to making high-quality smart EV accessible to consumers
worldwide. Despite intense market competitions in 2023, Neta Auto
has maintained a monthly sales volume of over 10,000 units, firmly
establishing itself as a leading EV automaker. By September 2023, it has accumulated a substantial
user base of nearly 350,000 customers. Neta Auto also has the
highest monthly registrations for electric vehicles in Thailand in 2023, and has began construction
on its first Thailand factory.
Neta Auto's international footprint spans across ASEAN,
South America, and the
Middle East, with offices in
China, Europe, Thailand and Indonesia working efficiently in
collaboration. Neta Auto also confirmed its plan to establish an
international headquarters in Hong
Kong, further deepening Neta Auto's presence in the global
market.
In response to the evolving and increasingly diversified
consumer demands, Neta Auto is focusing on technological innovation
to provide consumers with high-quality smart mobility experience.
In 2022, Neta Auto introduced the "NNP" highway navigation
assistance function to the Neta S model, bringing consumers an
advanced intelligent driving experience. Neta Auto's new series
production vehicle will also showcase its latest R&D
achievements on the intelligent driving function.
Zhang Yong, co-founder and CEO of
Neta Auto, said: "Hesai is a global leader in lidar solutions for
autonomous mobility and ADAS vehicles. It is also a vital strategic
partner in Neta Auto's ongoing innovation in the intelligent
driving sector. This collaboration featuring Hesai's AT128 will
effectively upgrade the new series production vehicle by enhancing
NETA PILOT's advanced intelligent
driving system. I believe our cooperation will yield fruitful
results and promote autonomous driving solutions to be used in more
scenarios."
David Li, co-founder and CEO of
Hesai, said: "Neta Auto is an emerging force in the EV sector,
having achieved numerous accomplishments in areas such as
automotive intelligence, global expansion, market orientation, and
customer services. We are glad to reach partnership with Neta Auto,
and together we are committed to achieve breakthroughs in
intelligent driving for its new series production vehicle. Our
joint efforts will provide Neta Auto's consumers with a safer, more
comfortable, and highly efficient driving experience."
As a global leader in the lidar industry, Hesai prides itself on
delivering high-performance, highly reliable, and affordable
products. Its automotive-grade lidars enable a broad spectrum of
applications including ADAS passenger and commercial vehicles, and
autonomous driving vehicles. As of the second half of 2023, Hesai
has delivered over 190,000 lidar units, showcasing its outstanding
mass production and delivery capabilities.
Hesai will provide cutting-edge lidar technology for Neta Auto's
new series production vehicle. The AT128 is an automotive-grade
long-range lidar that has an exceptional overall resolution of
1200×128. It can output real-time 3D data at a remarkable rate of
1.53 million points per second. In addition, it has a detection
range of up to 200 meters (@10% reflectivity), which can outline
objects in great detail. As the primary lidar sensor for ADAS
applications, the AT128 has high performance, high reliability, and
great affordability. Since its mass production and delivery in
2022, AT128 has empowered numerous passenger vehicles from leading
OEMs. The cumulative deliveries for AT128 have surpassed 130,000
units.
Hesai's Maxwell Center, located in Shanghai, is approaching its completion of
construction and expected to commence operation by the end of 2023.
It undertakes functions such as R&D, production, and
automotive-grade reliability testing of lidar. Maxwell adopts
highly advanced intelligent manufacturing technology, proprietary
cloud-based MES system, and a large number of smart industrial
robots, achieving automation for over 100 production processes with
an automation rate of 90%. Maxwell not only ensures rapid iteration
and high-quality products, but also provides guarantee for
large-scale mass production and delivery, meeting customers'
diverse and customized production needs.
Hesai and Neta Auto are joining forces to enhance the ADAS
driving functionalities of its new series production vehicle.
Looking forward, the two companies will continue to leverage their
strengths to jointly advance the development and implementation of
intelligent driving technology for a wide range of
applications.
About Hesai
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 with
Advanced Driver Assistance Systems (ADAS), autonomous driving
vehicles, and robotic applications such as last-mile delivery
robots and AGVs. 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 has superior R&D capabilities across
optics, mechanics, electronics, and software. Hesai has established
offices in Shanghai, Palo Alto and Stuttgart, with customers spanning over 40
countries.
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SOURCE Hesai Technology