PALO
ALTO, Calif., Nov. 3, 2023
/PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an
automotive lidar design win with leading Chinese electric vehicle
maker Leapmotor. Hesai will supply ultra-high resolution long range
lidar AT128 for Leapmotor's upcoming series production vehicle
model.
Founded in 2015, Leapmotor is a technology-driven intelligent EV
company with a full suite of R&D and manufacturing
capabilities. Following the brand's mission "to deliver the finest
smart mobility experience to all consumers", Leapmotor has
developed the "LeapPilot" intelligent driving assistance system,
continuously introducing intelligent driving upgrades and features
to provide consumers with a convenient and safe driving
experience.
Hesai's AT128, a long-range automotive lidar for ADAS, has
achieved a monthly delivery of over 20,000 units since its mass
production began last year, with a cumulative delivery of over
130,000 units as of Q2 2023, empowering a number of series
production vehicles from leading OEMs.
Hesai's market leadership has also received international
recognition from reputable institutions. According to Yole
Intelligence's recent market research report, Hesai has been named
the No.1 automotive lidar company for a second consecutive year,
firmly leading the lidar industry with its record-breaking revenue
and shipments.
This partnership reflects Leapmotor' recognition of Hesai's
outstanding product quality and mass production capabilities. In
the future, the two companies will leverage their industry-leading
experiences and work together to actively expand the global EV
market, providing a safer and smarter riding experience for users
around the world.
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