Hesai Group

HSAI

Market cap $4.56B

I maintain a 'Buy' rating for Hesai, following my evaluation of its own technological advancement and the Chinese auto sector's regulatory tailwinds. China's authorities have recently given the go-ahead for L3 vehicles, which use multiple LiDARs per unit; this should boost Hesai's per-vehicle dollar content. HSAI's new proprietary chip helps to sustain its pricing power and support expense management efforts.

Nvidia has picked Chinese lidar maker Hesai as its laser technology partner. Its co-founder and CEO David Li says the partnership is good news for global OEMs as the platform will streamline software, hardware and data in its autonomous driving product.

Hesai Technology (NASDAQ: HSAI) announced it was selected by NVIDIA Corp.  (NASDAQ: NVDA) as a lidar partner for NVIDIA DRIVE AGX Hyperion 10, a reference compute-and-sensor platform designed to accelerate the development of Level 4-capable vehicles.

LAS VEGAS, Jan. 6, 2026 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), the global leader in lidar solutions, announced today that it has been selected by NVIDIA as lidar partner for NVIDIA DRIVE AGX Hyperion 10, a reference compute and sensor architecture that makes any vehicle level 4-ready, enabling automakers and developers to build safe, scalable, AI-defined fleets. Hesai is among the latest partners to qualify its sensor suites on the open, production‑ready DRIVE Hyperion architecture.

Chinese lidar maker Hesai announced plans on Monday to double its production capacity from 2 million units to 4 million units this year, as it looks to corner the global market for the laser-based sensors. That would be well up from the 1-million-plus unit mark that Hesai hit in 2025.

LAS VEGAS, Jan. 5, 2026 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, announced today it has entered into a partnership with MOVIN to supply advanced lidar solutions for the company's 3D motion-capture systems. Traditional motion-capture systems are expensive and complex, requiring a full studio, marker suits, skilled actors, and engineering support.

LAS VEGAS, Jan. 5, 2026 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), the global leader in lidar solutions, announced today that it will double its annual production capacity in 2026 — from 2 million units to over 4 million units — driven by accelerating demand for ADAS and robotics lidar. Scaling to 4 Million Units: Powered by Strong In-House Manufacturing In 2025, Hesai became the world's first automotive lidar company to surpass 2 million cumulative deliveries.

PALO ALTO, Calif. , Dec. 23, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, today announced a strategic partnership with Keeta Drone — Meituan's autonomous urban delivery sub-brand — accelerating the commercialization of the low-altitude economy.

PALO ALTO, Calif. , Dec. 15, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, has been named to Morgan Stanley's "Humanoid Tech 25", an exclusive list of the world's 25 most influential robotics companies.

PALO ALTO, Calif. , Dec. 4, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, announced today that it will exhibit at the Consumer Electronics Show (CES) 2026 in Las Vegas from January 6–9 (LVCC West Hall #5601).