Hesai Announces Automotive Lidar Design Win for Multiple Series Production Vehicles with Great Wall Motors

Rhea-AI Summary

Hesai Technology (HSAI) announces a significant automotive lidar design win with Great Wall Motors (GWM), a major automaker in China. The partnership involves equipping GWM's passenger vehicle models with Hesai's ultra-high resolution long range lidar AT128, unaffected by changes in ambient light and providing 3D perception capability. The collaboration aims to enhance intelligent driving through perception technology, with plans for mass production and delivery starting in 2024.

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• Hesai's collaboration with GWM signifies a major milestone in advancing intelligent driving technology, leveraging Hesai's robust lidar capabilities and GWM's comprehensive R&D in intelligent driving systems. The partnership is expected to elevate the experience of smart travel for consumers worldwide, positioning both companies as leaders in the industry.

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• None.

PALO ALTO, Calif., Nov. 13, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an automotive lidar design win with Great Wall Motors (hereinafter referred to as "GWM"). Multiple passenger vehicle models from GWM will equip Hesai's ultra-high resolution long range lidar AT128, with plans for mass production and delivery starting in 2024.

Lidar is unaffected by changes in ambient light, providing 3D perception capability with high reliability. As a result, it has become a critical sensor for smart vehicles. GWM's urban NOH, based on a perception-focused approach, has been widely implemented as an advanced driver-assistance system. In the future, Hesai AT128 will serve as a key sensor for GWM's series production vehicles, combined with GWM's high computational power and mass-producible ADAS computing platform IDC3.0 to meet intelligent driving requirements in various road scenarios.

GWM is one of the largest automakers in China. In the field of intelligent driving, GWM possesses comprehensive R&D capabilities for both software and hardware. Its independently developed intelligent driving systems have already been deployed in over 20 vehicle models. Additionally, GWM is leading the industry in high computational platforms and intelligent driving software.

Hesai not only empowers smart vehicles with robust, automotive-grade, and scalable production capabilities, but also integrates lidar manufacturing processes with the R&D phases. This integration facilitates fast product iteration while ensuring high-quality standards. In recent years, Hesai has rapidly expanded its business, working with 14 OEMs and Tier-1 clients, securing lidar design wins for over 50 series production vehicle programs.

The collaboration between Hesai and GWM will continue to advance intelligent driving through perception technology, elevating the experience of smart travel for consumers worldwide.

About Hesai

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.

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SOURCE Hesai Technology

FAQ

What is the automotive lidar design win announced by Hesai Technology (HSAI)?

Hesai Technology (HSAI) announced a significant automotive lidar design win with Great Wall Motors (GWM), involving equipping GWM's passenger vehicle models with Hesai's ultra-high resolution long range lidar AT128, unaffected by changes in ambient light and providing 3D perception capability.

What are the plans for mass production and delivery of the lidar AT128?

The plans for mass production and delivery of the lidar AT128 are set to start in 2024.

What is the significance of the collaboration between Hesai and GWM?

The collaboration between Hesai and GWM signifies a major milestone in advancing intelligent driving technology, aiming to enhance the experience of smart travel for consumers worldwide.

How many OEMs and Tier-1 clients does Hesai work with?

Hesai has rapidly expanded its business, working with 14 OEMs and Tier-1 clients, securing lidar design wins for over 50 series production vehicle programs.