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Hesai Selected by Top European OEM For Exclusive Multi-Year Lidar Contract On Its Next-Generation Global Platform

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Hesai Technology (NASDAQ: HSAI) has secured an exclusive multi-year contract with a leading European OEM to provide advanced ultra-long-range automotive lidars for their next-generation platform. The partnership will cover both internal combustion engine (ICE) and electric vehicle (EV) models, extending into the next decade and representing the largest global program in the automotive lidar industry.

CEO David Li emphasized the partnership as an endorsement of Hesai's performance and quality standards. As of February 2025, Hesai has achieved 120 design wins across 22 automotive OEMs. The company reached a significant milestone in December 2024, becoming the first lidar company globally to deliver over 100,000 units in a single month.

Hesai Technology (NASDAQ: HSAI) ha ottenuto un contratto esclusivo pluriennale con un importante OEM europeo per fornire lidari automobilistici avanzati a ultra-lunga distanza per la loro piattaforma di nuova generazione. La partnership coprirà sia i modelli a motore a combustione interna (ICE) che quelli elettrici (EV), estendendosi nel prossimo decennio e rappresentando il programma globale più grande nel settore dei lidari automobilistici.

Il CEO David Li ha sottolineato la partnership come un riconoscimento delle prestazioni e degli standard di qualità di Hesai. A partire da febbraio 2025, Hesai ha ottenuto 120 vittorie di design presso 22 OEM automobilistici. L'azienda ha raggiunto un traguardo significativo a dicembre 2024, diventando la prima azienda di lidari a livello globale a consegnare oltre 100.000 unità in un solo mese.

Hesai Technology (NASDAQ: HSAI) ha conseguido un contrato exclusivo por varios años con un importante OEM europeo para proporcionar lidars automotrices avanzados de ultra largo alcance para su plataforma de próxima generación. La asociación abarcará tanto modelos de motor de combustión interna (ICE) como vehículos eléctricos (EV), extendiéndose a la próxima década y representando el programa global más grande en la industria de lidars automotrices.

El CEO David Li enfatizó la asociación como una validación del rendimiento y los estándares de calidad de Hesai. A partir de febrero de 2025, Hesai ha logrado 120 victorias de diseño en 22 OEMs automotrices. La empresa alcanzó un hito significativo en diciembre de 2024, convirtiéndose en la primera empresa de lidars en el mundo en entregar más de 100.000 unidades en un solo mes.

Hesai Technology (NASDAQ: HSAI)는 유럽의 주요 OEM과 독점적인 다년 계약을 체결하여 차세대 플랫폼을 위한 고급 초장거리 자동차 라이더를 제공하게 됩니다. 이 파트너십은 내연기관(ICE) 모델과 전기차(EV) 모델 모두를 포함하며, 다음 10년 동안 지속되며 자동차 라이더 산업에서 가장 큰 글로벌 프로그램을 나타냅니다.

CEO인 David Li는 이 파트너십을 Hesai의 성과와 품질 기준에 대한 지지로 강조했습니다. 2025년 2월 현재, Hesai는 22개의 자동차 OEM에서 120개의 디자인 승리를 달성했습니다. 이 회사는 2024년 12월에 중요한 이정표를 세우며, 한 달에 100,000개 이상의 라이더를 최초로 공급한 글로벌 기업이 되었습니다.

Hesai Technology (NASDAQ: HSAI) a sécurisé un contrat exclusif pluriannuel avec un important OEM européen pour fournir des lidars automobiles avancés à ultra-longue portée pour leur plateforme de nouvelle génération. Ce partenariat couvrira à la fois les modèles à moteur à combustion interne (ICE) et les véhicules électriques (EV), s'étendant sur la prochaine décennie et représentant le plus grand programme mondial dans l'industrie des lidars automobiles.

Le PDG David Li a souligné ce partenariat comme une validation des performances et des normes de qualité de Hesai. À partir de février 2025, Hesai a réalisé 120 victoires de conception auprès de 22 OEM automobiles. L'entreprise a atteint une étape importante en décembre 2024, devenant la première entreprise de lidars au monde à livrer plus de 100 000 unités en un seul mois.

Hesai Technology (NASDAQ: HSAI) hat einen exklusiven Mehrjahresvertrag mit einem führenden europäischen OEM abgeschlossen, um fortschrittliche ultra-langreichweitige Automobil-Lidar-Systeme für deren Plattform der nächsten Generation bereitzustellen. Die Partnerschaft umfasst sowohl Modelle mit Verbrennungsmotor (ICE) als auch Elektrofahrzeuge (EV) und erstreckt sich über das nächste Jahrzehnt, was das größte globale Programm in der Automobil-Lidar-Industrie darstellt.

CEO David Li betonte die Partnerschaft als Bestätigung für die Leistung und Qualitätsstandards von Hesai. Ab Februar 2025 hat Hesai 120 Designgewinne bei 22 Automobil-OEMs erzielt. Das Unternehmen erreichte im Dezember 2024 einen bedeutenden Meilenstein und wurde das erste Lidar-Unternehmen weltweit, das in einem einzigen Monat über 100.000 Einheiten lieferte.

Positive
  • Secured exclusive multi-year contract with major European OEM
  • Achieved industry milestone: 100,000+ monthly lidar units delivered
  • Strong market position with 120 design wins across 22 OEMs
  • Contract spans both ICE and EV platforms, ensuring long-term revenue stream
Negative
  • None.

PALO ALTO, Calif., March 10, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today a new exclusive design win with a leading European OEM. Hesai will provide advanced ultra-long-range automotive lidars for the OEM's upcoming platform, including both internal combustion engine (ICE) and electric vehicle (EV) models. This multi-year program will last into the next decade, marking it the largest global program for the automotive lidar industry.

"This long-term partnership is a resounding endorsement of our unrivaled performance and quality. Meeting the rigorous standards of a market leader, our quality has become our namecard—a powerful symbol of excellence and a vote of confidence in our visionary future. We are immensely proud to empower the future of mobility, with our state-of-the-art lidar technology playing a pivotal role in conventional and electric vehicle platforms," said Hesai CEO and Co-Founder David Li. "This design win illustrates the importance of lidar technology for the future of advanced intelligent driving systems, helping to enhance safety, prevent accidents, and save lives."

As of February 2025, Hesai has earned 120 design wins across 22 automotive OEMs. In December 2024, Hesai became the first lidar company in the world to deliver more than 100,000 units in a single month.

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 ("ADAS"), as well as autonomous driving vehicles and robotics and other non-automotive applications such as last-mile delivery robots and AGVs ("Robotics"). 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's commercially validated solutions are backed by superior R&D capabilities across optics, mechanics, and electronics. Hesai has established offices in Shanghai, Palo Alto and Stuttgart, with customers spanning more than 40 countries.

Cision View original content:https://www.prnewswire.com/news-releases/hesai-selected-by-top-european-oem-for-exclusive-multi-year-lidar-contract-on-its-next-generation-global-platform-302397583.html

SOURCE Hesai Technology

FAQ

What is the scope of Hesai's (HSAI) new contract with the European OEM?

Hesai will provide ultra-long-range automotive lidars for both ICE and EV models in a multi-year exclusive contract extending into the next decade.

How many design wins has Hesai (HSAI) achieved as of February 2025?

Hesai has secured 120 design wins across 22 automotive OEMs.

What production milestone did Hesai (HSAI) achieve in December 2024?

Hesai became the first lidar company globally to deliver over 100,000 units in a single month.

Which vehicle types will feature Hesai's (HSAI) lidar technology under the new contract?

The contract covers both internal combustion engine (ICE) and electric vehicle (EV) models.

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