L series upgrade to have lidar as standard
configuration
PALO
ALTO, Calif., March 6,
2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI),
a leader in China's electric
vehicle market, recently launched Li MEGA, its first high-voltage
battery electric vehicle. The company's high-tech flagship
multi-purpose vehicle (MPV) is equipped with Hesai Technology's
(Nasdaq: HSAI) ultra-high-definition long-range LiDAR AT128, which
allows for a full suite of intelligent driving capabilities.
Li Auto's L8 and L7 Pro models will also feature Hesai LiDAR as
a standard configuration with an urban Navigation on AutoPilot
(NOA) function that allows drivers to enjoy the comfort and
convenience of safe, intelligent driving. This technology greatly
improves intelligent driving systems' obstacle detection, enabling
vehicles to quickly respond to unpredictable road conditions.
"When it comes to safety, only the best is good enough," a Li
Auto spokesperson commented. "Hesai played a major role in bringing
our autonomous driving suite to life and Li MEGA will bring a new
standard of technological advancements to the MPV market."
With its unique and innovative design, Li MEGA reimagines the
future of MPVs and expands upon the comfort and outstanding
performance Li Auto is known for.
"At its core, Hesai is a safety company, and we are thrilled to
partner with Li Auto to bring a best-in-class EV autonomous
experience to driving enthusiasts of all kinds," a Hesai executive
shared. "We look forward to continuing to advance vehicle
innovation and safety together."
Over the last year, Hesai and Li Auto have achieved impressive
growth together, working to push the boundaries of intelligent
driving and improve road safety for all.
About Hesai Technology
Hesai Technology (Nasdaq: HSAI) is a global leader in LiDAR
solutions. The company's LiDAR products enable a broad spectrum of
civilian 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 Automated Guided Vehicles (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. Hesai has established
offices in Shanghai, Palo Alto, and Stuttgart, with customers spanning over 40
countries.
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SOURCE Hesai Group