StockNews.AI
HSAI
StockNews.AI
117 days

Four AT128 Lidar Sensors from Hesai Selected as Primary Lidar for All Pony.ai Seventh-Generation Robotaxis

1. Hesai's AT128 lidar selected for Pony.ai's new Robotaxi models. 2. Every Robotaxi will feature four AT128 lidar sensors, enhancing driving capabilities. 3. Pony.ai's platform shows 70% reduction in material costs versus previous models. 4. Robotaxi fleet logged over 500,000 hours of fully autonomous operation. 5. Collaboration strengthens Hesai's position in the autonomous driving industry.

5m saved
Insight
Article

FAQ

Why Bullish?

The selection of Hesai's lidar for mass-produced models represents significant demand. Historical partnerships in similar tech have fueled stock price increases.

How important is it?

The announcement emphasizes key advancements in lidar technology that directly impact HSAI's market position and potential revenue. Strong partnerships in emerging sectors often correlate with increased investor confidence.

Why Long Term?

The collaboration will likely lead to sustained revenue growth as the Robotaxi fleet expands, reflecting ongoing market trends towards autonomous vehicles.

Related Companies

PONY
, /PRNewswire/ -- Hesai Group (Nasdaq: HSAI), the global leader in lidar technology for automotive mobility and robotic applications, today announced that its long-range, automotive-grade AT128 lidar has been selected as the primary lidar solution for all three mass production models of the new seventh-generation Robotaxi unveiled by Pony AI Inc. (Nasdaq: PONY), a global leader in the large-scale commercialization of autonomous mobility. Each vehicle will be equipped with four Hesai's AT128 lidar sensors, demonstrating Hesai's critical role in enabling advanced autonomous driving capabilities. The announcement was made at the Shanghai International Automobile Industry Exhibition (the "Shanghai Auto Show"), where Pony.ai unveiled the seventh-generation automotive-grade L4 autonomous driving hardware and software platform. The platform will be used across three new Robotaxi models, which are now undergoing road-testing across multiple regions, marking the beginning of scaled production for Pony.ai's next-generation autonomous fleet. "The integration of Hesai's AT128 lidar sensor across Pony.ai's next-generation Robotaxi lineup marks a significant milestone in our partnership." said David Li, Co-Founder and CEO of Hesai. "We are proud to provide the core lidar technology powering one of the world's most advanced autonomous driving platforms, and we remain committed to delivering cutting-edge lidar solutions that empower our partners to scale safe and intelligent mobility." Pony.ai's latest system features a 100% automotive-grade autonomous driving ("ADK"), a 70% reduction in bill-of-materials ("BOM") costs compared to the previous generation, and a modular platform architecture that allows seamless adaptation across multiple vehicle models. The system is also the world's first to deliver full-scenario, fully driverless L4 autonomy powered by automotive-grade chips and Pony.ai's proprietary "PonyWorld" technology. To date, the Robotaxi fleet has logged over 500,000 hours of real-world, fully autonomous operation, demonstrating a tenfold improvement in safety compared to human drivers. Central to this breakthrough is Hesai's AT128 lidar, a benchmark-setting long-range sensor with a 120° ultra-high-resolution field of view, a 200-meter detection range, and an industry-leading 1.53 million points of data per second. The advanced sensing capability enables comprehensive 360° obstacle detection and ranging, ensuring safe navigation in the most complex traffic environments. It is uniquely designed for scaled deployment of driverless vehicles. This deepened collaboration further strengthens Hesai's position at the forefront of the global autonomous driving industry and reflects the Company's continued investment in R&D for next-generation lidar technologies. SOURCE Hesai Technology WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News