What is Hesai's new production target for lidar sensors?

Hesai aims to double its lidar production capacity from 2 million to 4 million units this year.

Why is Hesai doubling its lidar production?

Accelerating demand in the automotive and robotics industries is driving Hesai's decision to increase production.

How has Hesai impacted lidar sensor costs?

Hesai claims to have driven down lidar sensor costs by 99.5% in the last eight years.

Home / Business and Economy / Hesai Powers Up: Lidar Production to Double Amid Market Shift

Hesai Powers Up: Lidar Production to Double Amid Market Shift

5 Jan

•

Summary

Hesai plans to double lidar production to 4 million units this year.
Demand accelerates in automotive and robotics industries.
Hesai reduced lidar sensor costs by 99.5% in eight years.

Hesai Powers Up: Lidar Production to Double Amid Market Shift

Chinese lidar maker Hesai announced plans to double its production capacity to 4 million units in 2026, driven by accelerating demand in the automotive and robotics industries. This strategic move positions Hesai to capture a larger share of the global lidar market, especially as U.S. competitor Luminar faces bankruptcy. Hesai's automotive success is bolstered by widespread adoption in China, with lidar integrated into 25% of new electric vehicles.

Hesai's expansion follows its success in reducing lidar sensor costs by an impressive 99.5% over the past eight years. This cost reduction is a significant factor in its market competitiveness, contrasting sharply with the challenges faced by other lidar manufacturers. The company has secured numerous automotive clients and substantial orders for its latest ATX sensor.

Beyond automotive, Hesai is actively pursuing opportunities in the robotics sector, showcasing its lidar sensors in robotic lawnmowers and robotic dogs. The company also supplies lidar to prominent autonomous vehicle firms and anticipates further growth in diverse robotic applications, indicating a broad market strategy.