Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Hesai Technology Announces Production Of Its One Millionth Lidar Unit In 2025, Becoming First Lidar Company Globally To Surpass 1M Units In Annual Production

Author: Benzinga Newsdesk | October 03, 2025 08:08am

Hesai Technology (NASDAQ:HSAI, HKEX: 2525))), a global leader in lidar solutions, today announced the production of its 1,000,000th lidar unit in 2025, making it the first lidar company worldwide to exceed one million units in annual production. This achievement underscores Hesai's capability to deliver large-scale, high-quality lidar at unprecedented speed.

This milestone also marks Hesai's achievement of its first corporate vision since founding: "By 2025, enable 1% of vehicles worldwide with 3D perception*."

"The 2025 vision we had set is now within reach, and it is a proud moment for us," said Hesai's Co-Founder and CEO, David Li. "The AI era empowers us to dream big and provides the foundation to realize those dreams. We will continue to make lidar the 'eye' of intelligent vehicles and robots, advancing toward our goal of elevating human lives."

Hesai's success is built on its industry-leading manufacturing system and in-house R&D capabilities, enabling rapid product iteration, strict quality control, and highly scalable production. Its fully automated production lines—capable of producing one lidar every 20 seconds—leverage advanced manufacturing technologies to ensure speed and consistency at scale.

Posted In: HSAI

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist