Hesai to Exclusively Supply 1.5 Million Lidar Units to Changan Automobile for Multiple Car Brands
Hesai (NASDAQ: HSAI) has secured an exclusive agreement with Changan Automobile to supply over 1.5 million ATX compact lidar units for their new intelligent driving platform. The partnership will cover more than 10 vehicle models across multiple Changan brands, with initial mass production scheduled for the second half of 2025.
This agreement builds upon their existing strategic partnership from 2022, which recently saw success with the Changan Nevo E07 launch in October 2023, featuring two Hesai AT128 lidars. The ATX model, introduced in April 2023, utilizes Hesai's proprietary technology to deliver enhanced point cloud resolution while reducing size, weight, and power consumption. Multiple automotive companies have already selected ATX for their 2025 mass-production models.
Hesai (NASDAQ: HSAI) ha stipulato un accordo esclusivo con Changan Automobile per fornire oltre 1,5 milioni di unità lidar compatte ATX per la loro nuova piattaforma di guida intelligente. Questa collaborazione riguarderà oltre 10 modelli di veicoli di vari marchi Changan, con la produzione di massa iniziale programmata per la seconda metà del 2025.
Questo accordo si basa sulla loro partnership strategica esistente dal 2022, che ha recentemente raggiunto il successo con il lancio della Changan Nevo E07 nell'ottobre 2023, dotata di due lidar Hesai AT128. Il modello ATX, introdotto nell'aprile 2023, utilizza la tecnologia proprietaria di Hesai per offrire una risoluzione del punto nuvola migliorata, riducendo al contempo dimensioni, peso e consumo energetico. Diverse aziende automobilistiche hanno già selezionato l'ATX per i loro modelli di produzione di massa del 2025.
Hesai (NASDAQ: HSAI) ha logrado un acuerdo exclusivo con Changan Automobile para suministrar más de 1.5 millones de unidades de lidar compacto ATX para su nueva plataforma de conducción inteligente. La asociación abarcará más de 10 modelos de vehículos de múltiples marcas de Changan, con la producción en masa inicial programada para la segunda mitad de 2025.
Este acuerdo se basa en su asociación estratégica existente desde 2022, que recientemente tuvo éxito con el lanzamiento del Changan Nevo E07 en octubre de 2023, que cuenta con dos lidars Hesai AT128. El modelo ATX, introducido en abril de 2023, utiliza la tecnología propietaria de Hesai para ofrecer una mejor resolución de nubes de puntos mientras reduce el tamaño, el peso y el consumo de energía. Varias empresas automotrices ya han seleccionado el ATX para sus modelos de producción en masa de 2025.
Hesai (NASDAQ: HSAI)는 Changan Automobile와 독점 계약을 체결하였습니다. 이 계약에 따라 새로운 지능형 주행 플랫폼에 사용할 ATX 컴팩트 라이다 유닛 150만 대 이상을 공급할 예정입니다. 이 파트너십은 여러 Changan 브랜드의 10개 이상의 차량 모델을 포함하며, 초기 대량 생산은 2025년 하반기로 예정되어 있습니다.
이번 계약은 2022년부터 이어진 전략적 파트너십을 기반으로 하며, 최근 2023년 10월에 출시된 Changan Nevo E07에 두 대의 Hesai AT128 라이다가 장착되면서 성공을 거두었습니다. 2023년 4월에 출시된 ATX 모델은 Hesai의 독점 기술을 사용하여 더 향상된 포인트 클라우드 해상도를 제공하며, 크기, 중량 및 전력 소비를 줄입니다. 여러 자동차 회사들은 이미 2025년 대량 생산 모델에 ATX를 선택했습니다.
Hesai (NASDAQ: HSAI) a conclu un accord exclusif avec Changan Automobile pour fournir plus de 1,5 million d'unités lidar compactes ATX pour leur nouvelle plateforme de conduite intelligente. Ce partenariat couvrira plus de 10 modèles de véhicules de plusieurs marques Changan, avec une production de masse initiale prévue pour la seconde moitié de 2025.
Cet accord repose sur leur partenariat stratégique existant depuis 2022, qui a récemment connu du succès avec le lancement de la Changan Nevo E07 en octobre 2023, équipé de deux lidars Hesai AT128. Le modèle ATX, introduit en avril 2023, utilise la technologie propriétaire de Hesai pour offrir une résolution de nuages de points améliorée tout en réduisant la taille, le poids et la consommation d'énergie. Plusieurs entreprises automobiles ont déjà sélectionné l'ATX pour leurs modèles de production de masse de 2025.
Hesai (NASDAQ: HSAI) hat eine exklusive Vereinbarung mit Changan Automobile geschlossen, um über 1,5 Millionen ATX kompakte Lidar-Einheiten für ihre neue intelligente Fahrplattform zu liefern. Die Partnerschaft umfasst mehr als 10 Fahrzeugmodelle verschiedener Changan-Marken, wobei die erste Serienproduktion in der zweiten Hälfte von 2025 geplant ist.
Diese Vereinbarung baut auf ihrer bestehenden strategischen Partnerschaft aus dem Jahr 2022 auf, die kürzlich mit der Einführung des Changan Nevo E07 im Oktober 2023 mit zwei Hesai AT128 Lidars erfolgreich war. Das im April 2023 eingeführte ATX-Modell nutzt die proprietäre Technologie von Hesai, um eine verbesserte Punktwolkenauflösung zu liefern und gleichzeitig Größe, Gewicht und Energieverbrauch zu reduzieren. Mehrere Automobilunternehmen haben bereits das ATX für ihre Modelle der Serienproduktion 2025 ausgewählt.
- Secured exclusive contract for 1.5+ million lidar units with Changan Automobile
- Implementation across 10+ vehicle models from multiple brands
- Successful existing partnership demonstrated by Nevo E07 launch
- Multiple automotive companies selecting ATX for 2025 mass production
- Mass production not starting until second half of 2025
Insights
This exclusive supply agreement marks a significant milestone in the automotive lidar market. The
The ATX model's technical improvements in resolution, size and energy efficiency address key adoption barriers in the automotive sector. Multiple automakers selecting ATX for 2025 production models indicates growing industry confidence in Hesai's technology platform. The successful launch of the Changan Nevo E07 with AT128 lidars provides important real-world validation of Hesai's capabilities.
This deal substantially impacts Hesai's future revenue stream and market share in the automotive lidar segment. The multi-year commitment from Changan across 10+ vehicle models provides strong revenue visibility through 2025 and beyond. The exclusive supplier status for Changan's new intelligent driving platform positions Hesai advantageously in China's rapidly growing autonomous vehicle market.
The agreement's timing aligns with accelerating ADAS adoption in China's automotive sector. Early success with the Nevo E07 model validates market demand for lidar-equipped vehicles. The contract's scale suggests potential unit costs around
According to the agreement, Hesai will provide lidar products for more than 10 vehicle models from multiple Changan Automobile brands, with the platform's first model expected to enter mass production in the second half of 2025. In line with the initial strategic partnership established in 2022, the Changan Nevo E07, equipped with two Hesai AT128 lidars, was successfully launched in October of this year and received widespread praise from the market.
The ATX model is a compact ultra-high-resolution long-range lidar featuring Hesai's proprietary platform technology, which enhances point cloud resolution while decreasing the unit's volume, weight, and power consumption. Hesai's ATX is steadily approaching mass production with multiple automotive companies selecting the ATX as a standard configuration for mass-production models in 2025.
In the near future, Hesai's ATX model will empower multiple brands and vehicle models to enhance road safety with Changan Automobile's intelligent driving platform. Hesai will continue to work closely with Changan Automobile to bring the benefits of advanced intelligent driving functions to more people worldwide.
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SOURCE Hesai Technology
FAQ
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