At a time when intelligent driving technology is surging, LiDAR, as the core sensor, is becoming the key to the intelligent upgrade of automobiles. As a global leader in the field of LiDAR, Hesai Technology shines on the international stage with its excellent technical strength and market expansion capabilities. Recently, Hesai Technology has reached an exclusive fixed-point cooperation with a top European OEM for many years, and won the largest overseas pre-assembly mass production LiDAR order in one fell swoop, which not only demonstrates its leading position in the industry, but also injects new vitality into the global LiDAR market.
1. Technical strength creates a leading position in the industry
Since its inception, Hesai Technology has regarded technological innovation as the core driving force of its development. The company invests a lot of resources in research and development, constantly exploring new technology paths, and strives to achieve the best balance of performance, reliability and cost control. As of February 2025, Hesai Technology has reached fixed-mass production partnerships with 120 models from 22 domestic and foreign automakers. This data fully demonstrates Hesai Technology's wide recognition and strong market influence in the industry.
In December 2024, Hesai Technology shipped more than 100,000 units in a single month, becoming the first LiDAR company in the world to achieve this achievement. This milestone breakthrough is not only a high affirmation of Hesai's production capacity, but also a strong proof of its technological strength and market competitiveness. With the continuous evolution of autonomous driving technology, the demand for LiDAR will continue to rise, and Hesai Technology is expected to continue to lead the way in the future market competition with its first-mover advantage and technology accumulation.
Figure: The monthly delivery volume exceeded 100,000 units! Hesai Technology has reached the top of the global LiDAR market with its strength
2. Innovation and layout: the construction of all-round competitiveness
Hesai Technology's success is not accidental, but stems from its unremitting pursuit of technological innovation and comprehensive industrial layout. In terms of technology research and development, Hesai Technology has made significant breakthroughs in LiDAR chip-based technology, making its products more competitive in terms of performance and cost. This technological innovation not only enhances the market competitiveness of products, but also lays a solid foundation for sustainable development in the future.
In addition, Hesai Technology has actively expanded its business areas and built a full-ecosystem cooperation network covering capital, industry, and technology. Through substantial business cooperation with a number of listed companies, Hesai Technology has achieved the commercialization of technology and the coordinated development of the industrial chain. For example, it cooperates with Quick Intelligent Equipment to provide LiDAR precision welding and inspection automation solutions, and cooperates with Yongxin Optics and other enterprises to improve the technical barriers of optical components. This all-round industrial layout enables Hesai Technology to have stronger anti-risk capabilities and sustainable development capabilities in the market competition.
3. Market Trends and Industry Competition: Opportunities and Challenges
With the implementation of the L3 autonomous driving policy and the explosion of the humanoid robot industry, the market size of lidar is expected to exceed 100 billion. With its technological advantages and market layout, Hesai Technology is expected to continue to lead in this industrial transformation. However, competition in the industry is also intensifying, and Hesai Technology is facing competitive pressure from domestic and foreign peers.
In a highly competitive market environment, Hesai Technology needs to continuously maintain its technological leadership and consolidate its market position through technological innovation and product upgrades. At the same time, it is also necessary to actively expand new application scenarios and customer groups, and reduce dependence on a single customer to achieve more stable development. In addition, with the continuous change of technology routes and the trend of self-developed lidar by car companies, Hesai Technology also needs to be vigilant against potential technology substitution risks.
4. Future outlook: leading the new trend of intelligent driving
Hesai's cooperation with Europe's top OEMs is not only a high recognition of its technological strength and market position, but also an important step in its global market layout. This cooperation will bring stable orders and revenue to Hesai Technology, and also provide strong support for its further expansion into the international market.
Looking ahead, Hesai will continue to increase R&D investment to promote continuous innovation and product upgrades in LiDAR technology. With the popularization of autonomous driving technology and the continuous enrichment of intelligent driving scenarios, the application prospect of lidar will be broader. Hesai Technology is expected to play a greater role in this process, leading the development trend of intelligent driving technology and providing consumers around the world with a safer, more convenient and smarter travel experience.
In short, Hesai Technology occupies an important position in the LiDAR industry with its excellent technical strength, comprehensive industrial layout and keen market insight. With the advent of the era of intelligent driving, Hesai Technology will continue to lead the development of the industry and contribute to building a more intelligent and safe transportation ecosystem.
