SHANGHAI, Jan. 21,
2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI),
the global leader in automotive lidar technology, today announced
that it has secured design wins for multiple Chery Automobile
models. The models are expected to enter mass production in the
second half of 2025 and will be equipped with the newest generation
of Hesai's ultra-compact high-performance ATX lidar.
Chery's vehicle line-up includes passenger cars, commercial
vehicles, and urban mobility vehicles. Chery recently reported a 38
percent jump in global car sales year-over-year, with 2.6 million
vehicles sold in 2024, and a forecast of more than 3 million
deliveries this year. As the leading exporter of Chinese-brand
passenger vehicles, Chery announced its total exports in 2024
exceeded 1.14 million vehicles, a 21.4% increase year-on-year.
As of December 2024, Hesai has
earned more than 100 design wins across 21 automotive OEMs
including Chery, Great Wall Motors, and Changan.
The ATX offers powerful performance in a compact form,
empowering advanced assisted driving functions. Since its release
in April 2024, Hesai's ATX has been
selected for mass production vehicles by numerous leading
automakers including top new energy vehicle companies and leading
European and American OEMs' joint ventures in China.
In 2025, Hesai's planned annual production capacity is expected
to exceed 2 million units, supported by the company's mass
production capabilities and research and development
innovation.
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SOURCE Hesai Technology