StockNews.AI
HSAI
StockNews.AI
1 min

Hesai Becomes the World's First Lidar Company to Produce 1 Million Units in 2025

1. Hesai Technology produced its 1,000,000th lidar unit, a global milestone. 2. Company aims to enable 1% of vehicles with 3D perception by 2025. 3. Hesai leads in automotive lidar market share and autonomous driving applications. 4. Strong partnerships with top automakers enhance market positioning. 5. Company plans to boost production capacity to 2 million units in 2025.

6m saved
Insight
Article

FAQ

Why Very Bullish?

Hesai's milestone production demonstrates strong demand, enhancing market credibility. Similar achievements in tech sectors often lead to stock price rallies, as seen with Tesla's production milestones.

How important is it?

The article showcases Hesai's significant production capabilities and market leadership, directly impacting investor sentiment and future prospects.

Why Long Term?

Steady production and partnerships will fuel long-term growth, akin to companies that sustained advantages despite market fluctuations.

Related Companies

, /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, today announced the production of its 1,000,000th lidar unit in 2025, making it the first lidar company worldwide to exceed one million units in annual production. This achievement underscores Hesai's capability to deliver large-scale, high-quality lidar at unprecedented speed.This milestone also marks Hesai's achievement of its first corporate vision since founding: "By 2025, enable 1% of vehicles worldwide with 3D perception*." Hesai Becomes the World's First Lidar Company to Produce 1 Million Units in 2025 "The 2025 vision we had set is now within reach, and it is a proud moment for us," said Hesai's Co-Founder and CEO, David Li. "The AI era empowers us to dream big and provides the foundation to realize those dreams. We will continue to make lidar the 'eye' of intelligent vehicles and robots, advancing toward our goal of elevating human lives." Hesai's success is built on its industry-leading manufacturing system and in-house R&D capabilities, enabling rapid product iteration, strict quality control, and highly scalable production. Its fully automated production lines—capable of producing one lidar every 20 seconds—leverage advanced manufacturing technologies to ensure speed and consistency at scale.Hesai's proprietary Smart Cloud MES system enables full-chain traceability, real-time quality management, and micro-level line control, preventing defective products from leaving the factory. Hesai is also the only company in the industry to independently develop all seven key lidar components. Its product portfolio—including the AT, ET, FT, XT, OT and JT series—has secured numerous global mass-production contracts.With explosive demand in ADAS and robotics applications, Hesai currently holds three No. 1 positions in the automotive lidar market worldwide: No. 1 in overall automotive lidar market share, No. 1 in ADAS lidar market share, and No. 1 in Level 4 autonomous driving lidar market share.In ADAS, Hesai lidar has become a standard safety feature, with over 120 vehicle models across 24 OEMs scheduled for production between 2025 and 2027. Key partners include a top European OEM, a leading global automaker in NEV sales, Li Auto, Xiaomi, Changan, Geely, Great Wall Motor, Chery, Zeekr, Leapmotor, SAIC Audi, SAIC-GM, a Toyota joint venture, among other top automakers.In robotics, Hesai supplies nine of the world's top ten robotaxi service providers, including Motional, Baidu, Didi, Pony.ai, WeRide, and other leading autonomous driving companies. Hesai's JT series lidar achieved cumulative deliveries of over 100,000 units within five months of product launch, setting an industry record.As of Q2 2025, Hesai has delivered over 1.37 million lidar units cumulatively across ADAS and robotics markets. The company's planned production capacity for 2025 is 2 million units, with annual deliveries projected between 1.2 and 1.5 million units.*According to S&P Global Mobility's early 2025 forecast, global new car sales in 2025 are expected to reach 89.6 million units, with production totaling 88.7 million units. SourceSOURCE Hesai Technology WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News