Investor Relations

Global Leader in Lidar Solutions

Corporate Profile

Hesai Technology is the global leader in three-dimensional light detection and ranging (lidar) solutions. The Company’s lidar products enable a broad spectrum of applications across passenger and commercial vehicles with advanced driver assistance systems (ADAS) and autonomous vehicle fleets (autonomous mobility). Hesai's technology also empowers robotics applications such as last-mile delivery robots and logistics robots in restricted areas. As of December 31, 2023, Hesai has shipped over 300,000 lidar units in total. The company’s commercially validated solutions are backed by superior R&D capabilities across optics, mechanics, and electronics. Hesai integrates lidar designs with an in-house manufacturing process, facilitating rapid product development while ensuring high performance and consistent quality. Hesai has established strong relationships with leading automotive OEMs, autonomous vehicle, and robotics companies worldwide, covering over 40 countries as of December 31, 2023.

Global Leader in Lidar Solutions

1 No.

In China ADAS lidar market share(1)

1 No.

in global robotaxi lidar market share (2)

60$264M

USD net revenues in 2023

100, 000 No. 1

to achieve positive OCF(3) in lidar industry

60,000 220,000+

lidar shipments in 2023

450,000+

cumulative lidar shipments since inception(4)

 

Note:
(1) Hesai had the largest market shares in China ADAS lidar shipments in 2023, according to Gasgoo.
(2) Hesai is the leading supplier of lidar to robotaxi, with the largest market share in 2023, according to Yole Intelligence.
(3) OCF = Operating Cash Flow
(4) As of June, 2024