Hesai Achieves Milestone as the World's First Lidar Company to Deliver 100K Units Per Month

Core Insights - Hesai Technology has achieved over 100 design wins across 21 automotive OEMs, including significant partnerships with three of China's top five automakers, indicating strong market penetration in the automotive sector [1][3] - The company has established a diverse customer base in the robotics market across more than 40 countries, with plans to launch a new mini high-performance 3D lidar model and announce new partnerships at CES Las Vegas 2025 [2] - Hesai has delivered over 100,000 lidar units in December 2024, becoming the first lidar company to reach this milestone, and has also set a record with over 20,000 lidar units delivered for the robotics market in the same month [5] Automotive Sector - The design wins in the automotive sector include a wide range of vehicle brands and models, with many expected to launch in 2025 featuring Hesai's ATX, an ultra-compact high-performance lidar [3] - The three automakers involved are significant players, including one with millions of annual deliveries and another leading in both domestic and international sales [3] Robotics Sector - Hesai's robotics market presence includes applications in delivery robots, autonomous lawn mowers, cleaning robots, AGVs, and AMRs, showcasing the versatility of its lidar technology [2] - The upcoming launch of a mini high-performance 3D lidar model is expected to enhance Hesai's offerings in the robotics sector [2] Operational and Technical Advancements - Hesai has a global operational footprint in Europe, the US, and Asia, with over 1,700 patents, indicating a strong commitment to innovation and technical development [4] - The company plans to exceed an annual production capacity of 2 million lidar units in 2025, supported by its mass production capabilities and R&D efforts [5]