- Introduce the world's most advanced, highest performance ADAS
lidar, Hesai AT512, boasting the industry's longest range and
transformative highest ever resolution.
- Display Hesai's new ultra-thin 25 mm ET25 lidar with super long
range and ultra-fine resolution, and designed to be mounted behind
the windshield.
- Announce completion of our new 740,000 sq ft. "Maxwell"
Innovation Center, combining R&D and high-volume manufacturing
lines, and equipped with the world's most advanced lidar testing
lab.
PALO
ALTO, Calif., Jan. 8, 2024
/PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in
lidar technologies for autonomous mobility systems, ADAS and
industrial robotics applications, today announced a series of
high-profile product releases and business developments, seeking to
advance intelligent driving systems to improve the efficiency and
safety of global transportation and save lives. Today's
announcements illustrate the company's unmatched prowess in the
areas of lidar innovation, advanced manufacturing and rapid
commercialization.
The first announcement of the day is the launch of Hesai's new
flagship AT512 ultra long-range ADAS lidar. The AT512 is Hesai's
top-of-the-line, category killer product and represents a leapfrog
advancement in lidar innovation in a trim, compact form factor,
targeting automotive OEMs who demand the very best in performance,
reliability and safety. The AT512 offers an industry-leading range
of 300 meters at 10% reflectivity with a maximum range of over 400
meters, and an industry-record 12,300,000 points per second
point-rate, multiples ahead of the ADAS competitors, resulting in
the highest resolution point cloud among any lidar manufacturer at
2400 x 512. The product's sleek physical design measures just
160x100x45mm while offering a 120-degree horizontal field of view
and a 25.6-degree vertical field of view. The AT512 is designed to
greatly enhance ADAS systems by improving the vehicle's perception
capabilities by providing world class 3D environmental scans at
ultra-high resolution, which greatly improves a vehicle's ability
to detect objects at long range. This game-changing lidar means
AT512 equipped ADAS systems will have 40% more reaction time to
avoid dangerous road conditions and significantly improve
transportation safety.
"The AT512 represents a tremendous breakthrough in lidar
technology and provides unprecedented performance improvements in
all of the key areas our customers care about such as range,
resolution, thermal, power consumption and form factor," said
David Li, Co-founder and CEO of
Hesai. "Our core belief that intelligent manufacturing needs to be
part of our R&D efforts has helped us move beyond traditional
1550 nanometer laser-based lidar to more advanced 905 nanometer
technology as borne out by the superior performance, quality and
reliability of our AT512."
The second announcement of the day is the public reveal of the
new ultra-thin ET25 ADAS lidar designed to be installed behind a
vehicle's windshield which makes it much easier to integrate, helps
maintain the vehicle aerodynamics and keeps the lidar clear of dirt
and debris. The ET25 provides powerful performance combined with a
revolutionary design that makes vehicle integration easier than
ever. The ET25 provides 250 meters of range at 10% reflectivity and
received a 2024 CES Innovation Award for best new product.
"The ET25 is a revolutionary product that provides an ultra-thin
design without sacrificing performance," said Li. "We're already
working with leading OEMs to integrate the ET25 into series
production vehicles with the start of production planned for Q1 of
2025."
Continuing the wave of new business developments is the news
Hesai has completed construction on a new 740,000 square foot
state-of-the-art R&D center for manufacturing, named "Maxwell"
after Scottish physicist James
Maxwell's famous equations which form the foundation of
electromagnetism, optics, electric and magnetic circuits. The new
cutting-edge facility includes the world's most advanced lidar
testing lab and will utilize many smart industrial robots allowing
for the automation of over 100 production processes with an
automation rate of 90% and a 45 second cycle time per lidar unit.
The new facility uses a proprietary smart cloud manufacturing
execution system (MES) capable of precisely tracking the entire
production chain and allows for any problem to be traced back to
the source, precisely located and promptly controlled.
"Our new Maxwell facility is not a traditional manufacturing
facility but an advanced R&D center where we design and build
automated lidar production lines, which can then be easily
replicated across our global network of manufacturing facilities,"
said Li. "With Hesai's commercial engine now in full swing, we
expect to drive lidar adoption forward for everyone."
Today's news comes on the heels of Hesai winning a lidar design
contract with a leading global OEM for an upcoming fully electric
series production program. The company also recently surpassed
300,000 accumulative units delivered including a new high of 50,000
units in the month of December alone. To date Hesai automotive
lidar have been selected by 15 leading OEMs and tier-1 suppliers,
covering over 50 series production models and growing.
About Hesai Technology
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.
For investor and media inquiries, please contact:
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: hesai@tpg-ir.com
In China:
Hesai Group
Yuanting "YT" Shi, Investor Relations Director
Email: ir@hesaitech.com
Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
Email: hesai@tpg-ir.com
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SOURCE Hesai Group