Sienna Resources

Hesai Technology ($HSAI) Bolsters Partnership with Leapmotor to Integrate Long-Range Lidar into New C10 EV

18 March 2024

Hesai Technology (NASDAQ: HSAI), a global leader in three-dimensional light detection LiDAR solutions, and Leapmotor, a technology-driven EV company, have further bolstered their strategic partnership to enhance intelligent driving using Hesai's advanced automotive lidar technology. This collaboration builds upon their existing partnership initiated in 2021, as they've already integrated Hesai's AT128 long-range lidar into several models across Leapmotor's C platforms, including the new C10 EV.

As a key supplier for Leapmotor, Hesai will play a significant role in providing advanced intelligent driving technology and delivering innovative solutions to users worldwide. 

David Li, Co-Founder and CEO of Hesai stated: "Our alliance with Leapmotor is an important step in bringing advanced lidar technology to the world. Our companies share a strong commitment to advancing safety technology and Leapmotor's global market position in the electric vehicle industry will help us expand ADAS lidar into new markets."

Hesai's commercially validated solutions are backed by superior research and development capabilities across optics, mechanics, electronics, and software, with customers spanning over 40 countries.

Shares of Hesai Technology trade on the NASDAQ under the ticker symbol HSAI.

 

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