Hesai Selected as Exclusive Lidar Provider for Chery's iCAR Targeting the Mass Market

Core Insights - Hesai Technology has secured an exclusive series production partnership with Chery Automobile's new energy brand, iCAR, to integrate its ATX Lidar in new vehicles, with mass production set to begin in Q4 2025 [1][2] Company Developments - The ATX Lidar is a compact, ultra-high-definition, long-range sensor that will enhance the perception capabilities of iCAR vehicles in complex scenarios such as active braking, adaptive cruise control, urban navigation, and smart parking [2] - Hesai has achieved design wins with 22 automotive OEMs for over 120 vehicle models globally, and in December 2024, it became the first lidar company to deliver more than 100,000 units in a single month [3] Industry Context - The partnership aligns with Chery's intelligent mobility strategy aimed at establishing leadership in smart mobility ecosystems [2][3]