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HESAI TECHNOLOGY (NASDAQ: HSAI) STOCK QUOTE

Last Trade: US$4.52 -0.65 -12.57
Volume: 869,336
5-Day Change: -10.32%
YTD Change: -49.27%
Market Cap: US$567.440M

LATEST NEWS FROM HESAI TECHNOLOGY

PALO ALTO, Calif. , April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing . This all-new high-performance sedan represents Xiaomi's entry into the electric vehicle market and showcases its exceptional capabilities in car manufacturing. The Xiaomi SU7 Pro and Max versions utilize Hesai's high-performance AT128 long-range... Read More
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PALO ALTO, Calif. , March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experience utilizing Hesai's next generation of high-performance automotive lidar products. This agreement builds upon Hesai and... Read More
Quarterly net revenues were RMB561.2 million (US$79.0 million), 1 an increase of 37.1% year-over-year Quarterly lidar shipments were 87,736 2 units, an increase of 84.6% year-over-year Full Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-year Full Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China, March 11, 2024 (GLOBE... Read More
SHANGHAI, China, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Monday, March 11, 2024, after the close of U.S. markets. The Company’s management will host an earnings... Read More
PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (Nasdaq: HSAI) (“Hesai” or the “Company”) today responded to the Company’s inclusion on the U.S. Department of Defense’s (DoD) list of “Chinese Military Companies Operating in the United States.” Yifan “David” Li, CEO of Hesai, stated, “DoD added Hesai to its list of “Chinese Military Companies Operating in the United States” without any... Read More
PALO ALTO, Calif. , Jan. 31, 2024 /PRNewswire/ -- We are deeply disappointed to learn that Hesai has been added to the U.S. Department of Defense's list of "Chinese Military Companies." We believe this inclusion is unjust, capricious, and meritless. Hesai lidars are for civilian use only. We do not sell our products to any military in any country, nor do we have ties of any kind to any military in any country. Hesai is a... Read More
Expects 4Q2023 and FY2023 net revenues to exceed the top of the guidance range of US$76 million and US$250 million, respectively Expects FY2023 total lidar shipments to exceed the guidance of 220,000 units and ADAS lidar shipments for FY2023 to exceed the target of 200,000 units SHANGHAI, China, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in... Read More
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Introduce the world's most advanced, highest performance ADAS lidar, Hesai AT512, boasting the industry's longest range and transformative highest ever resolution. Display Hesai's new ultra-thin 25 mm ET25 lidar with super long range and ultra-fine resolution, and designed to be mounted behind the windshield. Announce... Read More
PALO ALTO, Calif. , Jan. 5, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar technology for automotive mobility, ADAS and industrial robotics applications, announced today an automotive ADAS lidar design win with a leading global OEM to provide advanced long-range sensors for new flagship electric vehicle models scheduled for series production. The upcoming all-electric vehicle will be... Read More
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PALO ALTO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hesai Technology , the global leader in lidar sensor technology for both automotive and industrial applications, responded to numerous false allegations made about the company and its technology in a letter from the House of Representatives Select Committee on the Chinese... Read More
PALO ALTO, Calif. , Nov. 20, 2023 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar sensor technology for both automotive and industrial applications, is proud to announce that its ultra-thin long-range LiDAR, the ET25, has been named a CES 2024 Innovation Awards Honoree. This prestigious award recognizes outstanding design and engineering in cutting-edge technology products. "This award is a... Read More
PALO ALTO, Calif. , Nov. 13, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an automotive lidar design win with Great Wall Motors (hereinafter referred to as "GWM"). Multiple passenger vehicle models from GWM will equip Hesai's ultra-high resolution long range lidar AT128, with plans for mass production and delivery starting in 2024. Lidar is unaffected by changes in ambient light, providing 3D... Read More
Quarterly net revenues were RMB445.6 million (US$61.1 million), 1 an increase of 33.5% year-over-year Quarterly lidar shipments were 47,440 2 units, an increase of 125.5% year-over-year SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results... Read More
PALO ALTO, Calif. , Nov. 6, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar solutions, announced today that its two flagship products -- Pandar128 robotaxi lidar and AT128 ADAS lidar for passenger cars – which are sold globally, including in the U.S., have been certified by independent, industry-leading, third-party technical testing bodies as data secure and incapable of being... Read More
PALO ALTO, Calif. , Nov. 3, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an automotive lidar design win with leading Chinese electric vehicle maker Leapmotor. Hesai will supply ultra-high resolution long range lidar AT128 for Leapmotor's upcoming series production vehicle model. Founded in 2015, Leapmotor is a technology-driven intelligent EV company with a full suite of R&D and manufacturing... Read More
PALO ALTO, Calif. , Oct. 31, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) has just announced its high-performance lidar Pandar128, designed for L4 autonomous mobility applications, has received ISO/SAE 21434 cybersecurity product certification from the renowned international certification institution TÜV Rheinland, becoming world's first lidar to receive this distinction. Pandar128 is the first lidar product to hold... Read More
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PALO ALTO, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in the automotive lidar market, today announced that the U.S. International Trade Commission (“ITC”) terminated an investigation of alleged patent infringement (the “ITC Action”) that was commenced by... Read More
SHANGHAI, China, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its third quarter 2023 unaudited financial results on Monday, November 13, 2023, after the close of U.S. markets. The Company’s management will host an earnings conference call at... Read More
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PALO ALTO, Calif. , Oct. 10, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an ADAS lidar design win with Neta Auto's new series production vehicle. Hesai will supply ultra-high resolution long range lidar AT128 for Neta Auto's upcoming vehicle model which is expected to launch in the first half of 2025.... Read More
PALO ALTO, Calif. , Sept. 22, 2023 /PRNewswire/ -- Today, Hesai Technology (NASDAQ:HSAI), a global leader in lidar solutions for ADAS and autonomous mobility, announced a new design win with FAW Group, one of the largest automotive OEMs in China , for their next generation EV model under Hongqi brand. It marks the first design win for Hesai's ultra-thin long-range lidar ET25, and the first series production program with an... Read More
PALO ALTO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: “HSAI”), the global leader in three-dimensional light detection and ranging (“lidar”) solutions, in response to recent inaccurate and misleading information in the market, issued this statement setting the record straight about the Company’s intellectual property assets and record of innovation, data security, and ownership,... Read More
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MUNICH , Sept. 5, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in automotive lidar, today announced its European market debut with its world-class automotive lidar. Hesai's AT128 lidar will be at the core of the Human Horizons HiPhi Z's Advanced Driver Assistance Systems (ADAS). The luxury electric... Read More
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MUNICH , Sept. 4, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar, announced today a partnership with Webasto, the leading global automotive supplier of roof systems. Hesai will provide automotive lidar sensors to Webasto for its Roof Sensor Module for passenger cars with ADAS.... Read More
PALO ALTO, Calif., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (“LiDAR”) solutions, today announced positive developments in its patent infringement lawsuit against Ouster, Inc. (“Ouster”). On April 11, 2023, Ouster filed a complaint against Hesai and Hesai Technology Co., Ltd. in the United States District Court... Read More
Media showcase, September 4 th Exhibit floor, September 5 th to 8 th Booth: Hall B2 #F10 Test Drive: Hall C2 #A50 PALO ALTO, Calif. , Aug. 16, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar, will showcase their high-performance sensors at IAA Mobility 2023 in Munich , the world's leading platform for mobility, sustainability, and technology. By creating lidar that meets OEM... Read More
Quarterly net revenues were RMB440.3 million (US$60.7 million) 1 , an increase of 108.5% year-over-year Quarterly LiDAR shipments were 52,106 2 units, an increase of 946.5% year-over-year SHANGHAI, China, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced its unaudited financial results... Read More
PALO ALTO, Calif. , Aug. 1, 2023 /PRNewswire/ -- Hesai Technology, a pioneer in the field of lidar sensors, announced a collaboration with NVIDIA to integrate Hesai's cutting-edge lidar sensors within the NVIDIA DRIVE and NVIDIA Omniverse ecosystems. By combining Hesai's industry-leading expertise in lidar sensors with NVIDIA's AI, simulation, and software development platforms, the collaboration will unlock new... Read More
Lidar expert Yole Group highlights Hesai's record-breaking revenue and shipments PALO ALTO, Calif. , July 24, 2023 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI) has been named the top automotive lidar company for the second consecutive year by Yole Group, a global advisory and market analysis firm recognized for its expertise in the semiconductor, photonic, and electronic sectors. This achievement comes after another year... Read More
SHANGHAI, China, July 18, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it will report its second quarter 2023 unaudited financial results on Monday, August 14, 2023, after the close of U.S. markets. The Company’s management will host an earnings conference call at... Read More
PALO ALTO, Calif. , July 7, 2023 /PRNewswire/ -- Hesai Technology has just announced that it has been selected to provide lidar units for several models of the SAIC Motor Commercial Vehicle Division's OEM-installed project. The new models will be equipped with Hesai's automotive-grade, ultra-high resolution long-range lidar AT128. These design wins are a part of the strategic cooperation between Hesai, SAIC Commercial... Read More
PALO ALTO, Calif. , June 21, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar sensor solutions, is delighted to announce its work with NavVis, a global leader in reality capture and digital factory solutions. This collaboration marks a significant milestone in the field of reality capture, as NavVis has selected Hesai as its exclusive lidar sensor provider for its industry-leading device, NavVis... Read More
Quarterly net revenues were RMB429.9 million (US$62.6 million) 1 , an increase of 73.0% year-over-year Quarterly LiDAR shipments were 34,834 2 units, an increase of 402.9% year-over-year SHANGHAI, China, May 23, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced its unaudited financial results... Read More
PALO ALTO, Calif. , May 22, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar solutions, and CRATUS, a software solution integrator for lidar systems, today announced a strategic alliance to develop autonomous warehouse solutions using Hesai's groundbreaking safety-rated 3D lidar, the QT128. CRATUS has selected the QT128 as the lead sensor in its all-new lidar perception package for AGVs and... Read More
PALO ALTO, Calif. , May 15, 2023 /PRNewswire/ -- Today, Hesai announces that it has obtained the ISO/SAE 21434 automotive cybersecurity management certification from TÜV Rheinland, an international authoritative third-party testing and certification institution in Germany , becoming the first lidar company to receive this certification. This is another significant achievement for Hesai in the field of cybersecurity,... Read More
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PALO ALTO, Calif. , May 11, 2023 /PRNewswire/ -- Hesai Technology , a global leader in lidar solutions, today announces the official opening of its European office in Stuttgart, Germany . The establishment of the office is a significant milestone for Hesai. With this strategic move, Hesai aims to further tap into the European... Read More
PALO ALTO, Calif. , May 8, 2023 /PRNewswire/ -- Hesai Technology (HSAI), a global leader in 3D lidar solutions, is set to attend the Xponential 2023 Expo from May 8th to 11th . At booth 4513, the team will showcase three sensors specifically designed for uncrewed systems and robotics applications: the AT128, QT128, and XT32. Experience live sensor demos and interact with our team at the event. Xponential 2023 brings together... Read More
PALO ALTO, Calif. , May 1, 2023 /PRNewswire/ -- Hesai Technology (HSAI) announced a multi-year Technology Partnership Agreement for lidar sensors with Inertial Labs, a global leader in mobile robotics navigation systems & inertial measurement units. Inertial Labs selected Hesai's sensors to provide perception and navigation capabilities for its navigation systems for autonomous marine, land, and aerial-based robotics... Read More
PALO ALTO, Calif. , April 24, 2023 /PRNewswire/ -- Today, Hesai Technology announces it has obtained ISO 26262 ASIL B - Performance Level D Functional Safety Standard for the short-range lidar QT128, which is designed for blind spot coverage on autonomous taxis, trucks, and industrial applications. Xiang Shaoqing, CTO of Hesai Technology, said: "QT128 received the certification for its functional safety and reliability. This... Read More
SHANGHAI, China, April 24, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it will report its first quarter 2023 unaudited financial results on Tuesday, May 23, 2023, after the close of U.S. markets. The Company’s management will host an earnings conference call at... Read More
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PALO ALTO, Calif. , April 20, 2023 /PRNewswire/ -- Today, Hesai Technology reached strategic cooperation with autonomous truck company, KargoBot. They will jointly promote the application of automotive-grade, hybrid solid-state lidar AT128 for L4 autonomous trucks, working together to implement safer, more intelligent... Read More
SHANGHAI, China, April 20, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the "SEC") on April 20, 2023. The annual report, which contains the Company’s audited... Read More
SHANGHAI, China, April 17, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today released the following statement regarding the patent infringement lawsuits recently filed by Ouster, Inc. (“Ouster”) with the U.S. International Trade Commission and the U.S. District Court for the District of Delaware. Hesai’s... Read More
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PALO ALTO, Calif. , April 14, 2023 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI) today officially releases the latest automotive-grade, ultra-thin long-range lidar ET25. ET stands for "Extremely Thin". Named after its height, ET25 is only 25 mm tall and extremely light. As an in-cabin lidar specially designed to be placed... Read More
SHANGHAI , April 5, 2023 /PRNewswire/ -- Recently, Hesai Technology (NASDAQ: HSAI) passed the highest assessment level (AL3) of TISAX (Trusted Information Security Assessment Exchange). As one of the "information security entry permits" of the German auto supply chain, this assessment shows that Hesai has reached the highest standard in the European automotive industry, capable of providing safe and reliable services to OEM... Read More
Quarterly Net revenues were RMB409.2 million (US$59.3 million) 1 , an increase of 56.6% year-over-year Quarterly LiDAR shipments were 47,515 2 units, an increase of 739.2% year-over-year Full Year 2022 Net revenues were RMB1,202.7 million (US$174.4 million), an increase of 66.9% year-over-year Full Year 2022 LiDAR shipments were 80,462 units, an increase of 467.5% year-over-year SHANGHAI, China, March 16, 2023 (GLOBE... Read More
SHANGHAI, China, March 06, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR) solutions, today announced that it will report its fourth quarter and full year 2022 unaudited financial results on Wednesday, March 15, 2023, after the close of U.S. markets. The Company’s management will host an earnings... Read More

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