#United States #Palo Alto #Hesai Technology #road safety #lidar solutions

Hesai Technology's Recognition in Road Safety Innovation

Hesai Technology, a pioneer in lidar solutions based in Palo Alto, California, has made headlines by being featured on Fortune's prestigious 2025 Change the World list. This annual list celebrates the most innovative organizations that significantly contribute to social and environmental betterment through their core business strategies. Notably, Hesai is the only lidar company recognized this year, sharing this honor with industry heavyweights like Alibaba, Deloitte, and Mastercard.

The selection of Hesai underscores its substantial contributions to public health and safety. With the tragic statistic from the World Health Organization indicating that traffic accidents claim approximately 1.2 million lives annually, Hesai's technology serves as a beacon of hope. Their lidar solutions function effectively as an 'invisible seatbelt', enhancing vehicle safety by providing real-time 3D perception of surroundings. This is crucial, especially under challenging conditions like rain, fog, or total darkness, where visibility is compromised.

Hesai's lidar technology grants vehicles and their onboard systems crucial additional time to recognize and react to potential hazards, aiming to avert accidents before they can occur. Supporting this claim, Li Auto, a leading automotive manufacturer, reported a remarkable 20% reduction in general road accidents and a staggering 90% decrease in fatal highway accidents in vehicles equipped with Hesai's lidar.

Hesai's reach is global, with partnerships spanning over 40 countries and collaborations with 24 leading automotive manufacturers. With more than 120 design wins under its belt, Hesai's lidar is on track to become an international standard in road safety technology.

One of the most transformative aspects of Hesai's innovation is its proprietary Application-Specific Integrated Circuit (ASIC) technology, which has enabled the company to slash lidar costs by 99.5%. This drastic reduction has paved the way for advanced driver-assistance systems (ADAS) to be incorporated into electric vehicles priced as low as $15,000—effectively democratizing what was once a feature accessible only in luxury automobiles. As a result, drivers everywhere can now benefit from life-saving technologies that were once out of reach.

Hesai's commitment to improving road safety is set to continue as it advances its high-performance, dependable, and scalable lidar technologies. With each passing year, the hope is to save even more lives on the roads globally.

About Hesai Technology

Hesai Technology (NASDAQ: HSAI and HKEX: 2525) stands at the forefront of lidar innovations, catering to a diverse array of applications including passenger and commercial vehicles equipped with ADAS, as well as autonomous vehicles, robotics, and various non-automotive uses like delivery robots. With a seamless integration of in-house manufacturing,研发 and design processes, Hesai is capable of rapid product development while ensuring peak performance, quality, and affordability. The company operates offices in Shanghai, Palo Alto, and Stuttgart, and boasts a client network that extends across more than 40 countries.