Hesai(US:HSAI) 3 6 Ke·2025-08-09 03:46Group 1 - The core viewpoint emphasizes the critical role of LiDAR technology in the emerging wave of smart vehicles and robotics, positioning it as an essential component akin to a "safety belt" for intelligent cars [1][3] - The recent WRC World Robot Conference showcased LiDAR's value beyond mere safety redundancy, highlighting its importance in new applications and scenarios, driving technological iterations [3][4] - The integration of LiDAR in robotics is crucial for perception capabilities, enabling robots to navigate complex environments effectively, which is a significant advancement from previous reliance on GPS and cameras [26][30] Group 2 - Hesai Technology has emerged as a leader in the LiDAR market for robotics, with a cumulative shipment of 155,011 units by Q1 2025, surpassing competitors significantly [37][39] - The robotics sector is now a primary growth engine for Hesai, leveraging its expertise from the automotive sector to meet the demands of the robotics market, which is projected to grow substantially [39][45] - The global market for 3D LiDAR in robotics is expected to reach 3.89 billion yuan in 2024, with projections to double by 2025, indicating a robust growth trajectory [45][47]