Yang Shi Wang·2026-01-08 09:58Core Insights - Hesai Technology announced plans to double its annual production capacity from 2 million units in 2025 to 4 million units in 2026 to meet the growing demand for LiDAR in ADAS and robotics [1][3] Group 1: Company Achievements - Hesai is the first global company to achieve an annual production of over 1 million units and cumulative deliveries exceeding 2 million units of LiDAR [3] - In 2025, Hesai delivered over 1.6 million units, with the highest monthly delivery exceeding 200,000 units [3] - The company has seen its annual delivery volume double for five consecutive years, with ADAS products accounting for approximately 1.4 million units and robotics products over 200,000 units in 2025 [3] Group 2: Production Capabilities - The company’s self-developed manufacturing capabilities are a key factor in its planned production capacity increase [3] - Hesai has established a comprehensive center integrating R&D and manufacturing, which supports large-scale production [3] - The fully automated production line can produce one LiDAR unit every 10 seconds, enhancing efficiency [3] Group 3: New Developments and Partnerships - At CES, Hesai showcased its new generation L3 automotive-grade LiDAR solutions, including the ETX and FTX models, which are designed for flexible integration into vehicles [5] - The company has secured production contracts with 24 OEMs for over 120 vehicle models, including major brands like Li Auto, Xiaomi, and Toyota [5] - Hesai's latest ATX model has received over 4 million orders and is set to begin mass production in April 2026 [5] Group 4: Market Trends - The robotics industry is experiencing rapid growth driven by AI, with stable and precise environmental perception becoming essential [6] - Hesai's LiDAR technology is being utilized in various autonomous driving applications, including Robotaxi and autonomous trucks, with some vehicles planning to use up to 8 LiDAR units [6] - The JT series of mini 360° LiDAR has been widely validated in the market, with over 200,000 units shipped since its launch [6]