1. Hesai Technology secures lidar supply contract with Li Auto for all models. 2. Li Auto has delivered over 1.46 million vehicles as of October 2025. 3. Lidar is now standard in Li Auto's new models since May 2025. 4. Partnership emphasizes advanced driver-assistance systems (ADAS) for safety. 5. Future collaboration aims to enhance global adoption of safer assisted driving.
Securing an exclusive contract with a major automaker like Li Auto is a strong endorsement of Hesai's products. Historically, such partnerships often lead to increased revenues and market presence, as seen with other lidar companies like Velodyne in their early contracts.
The contract with Li Auto is significant, reinforcing Hesai's market position and future growth potential. Such developments in rapidly evolving sectors like automotive tech can influence investor sentiment positively.
This contract establishes a long-term relationship, potentially leading to sustained revenue growth. Similar past collaborations in the automotive sector have typically resulted in long-term financial benefits for suppliers.
PALO ALTO, Calif., Nov. 11, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI, HKEX: 2525)), the global leader in lidar solutions, announced today that it has been selected by Li Auto to supply lidars for all models in its next-generation assisted driving platform. This includes the "L" Series, "i" Series, and "MEGA". Hesai will continue to provide advanced perception technologies for Li Auto as the exclusive lidar supplier.
Li Auto is a leading new‑energy vehicle manufacturer that designs, develops, manufactures, and sells premium smart electric vehicles, with over 1.46 million vehicles delivered as of October 31st, 2025. Since May 2025, Li Auto has made lidar a standard feature across all new models, further strengthening its commitment to intelligent driving safety.
Since 2021, Hesai and Li Auto have forged a close partnership built on continuous collaboration and innovation, achieving key milestones such as the development and mass production of automotive-grade lidars. Hesai's AT series lidar has empowered the mass production of Li Auto's vehicles with advanced driver-assistance capabilities, enhancing safety across complex driving scenarios.
Looking ahead, Hesai and Li Auto will further deepen their collaboration, accelerating ADAS adoption and bringing safer assisted driving experiences to more users worldwide.
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SOURCE Hesai Technology