Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders

Core Insights - Hesai Technology has been recognized by Morgan Stanley as the only lidar company in the "Humanoid Tech 25" list, highlighting its influence in the robotics sector [1][4] - The report emphasizes that the robotics era is already in progress, with reliable perception being essential for the effective operation of robots [2] - Lidar technology is crucial for providing accurate 3D spatial perception, which is necessary for the functionality of 1.4 billion robots expected by 2050 [3] Company Positioning - Hesai has achieved significant milestones, including being the first automotive lidar company to exceed 2 million cumulative deliveries and maintaining the top market share for ADAS main lidar for nine consecutive months [4] - The company has developed four generations of proprietary ASICs, which enhance product reliability and manufacturing scalability, with production capabilities of one lidar every 10 seconds [4] - Hesai's JT-series mini 360° 3D robotics lidars have surpassed 200,000 cumulative deliveries, indicating strong market validation and adoption across various sectors [5] Industry Outlook - The demand for lidar units is projected to increase nearly 300 times from 2025 levels to support the perception needs of the anticipated 1.4 billion robots by 2050 [3] - Global robot hardware revenues are expected to reach $25 trillion by 2050, marking robotics as a significant computing and industrial platform [7] - As robotics applications expand, Hesai is positioned to play a foundational role in the development of the next generation of robotics and embodied AI [6]