PALO
ALTO, Calif., March 13,
2025 /PRNewswire/ -- Hesai Technology, a global
leader in lidar R&D and manufacturing, has secured a new design
win with a top 5 NEV automaker in China. This automaker, part of a major global
automotive group, will soon commence mass production of its
high-end smart EV models equipped with Hesai's ATX lidar as
standard. The ATX's advanced features will significantly enhance
the vehicles' intelligent driving systems.
The lidar market is experiencing rapid growth, with automotive
lidar installations surpassing 1.5 million units in 2024, doubling
the previous year's figure. Gasgoo Automotive Research Institute's
data reveals a 29% penetration rate of lidar in China's EV market priced above $20,000 as of December
2024, highlighting its role as a crucial safety feature.
Hesai's ATX, powered by its cutting-edge fourth-generation
technology platform, features a redesigned opto-mechanical
structure and upgraded laser transceiver modules. This achieves a
compact form factor without compromising performance. With mass
production underway and an annual capacity of 2 million units
planned, Hesai is well-prepared to meet the growing demand from
automakers in 2025.
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SOURCE Hesai Technology