Core Insights - Hesai Technology has secured a global exclusive lidar order from Motional for the second consecutive year, supplying near-range lidar for the all-electric IONIQ 5 Robotaxi, with each vehicle equipped with four Hesai lidar units [2] Company Summary - Motional, headquartered in Boston, is focused on the development and commercialization of Level 4 autonomous vehicles, utilizing advanced AI technologies to create high-performance and high-safety autonomous driving systems [2] - Currently, eight out of the top ten Robotaxi companies globally have chosen Hesai as their lidar supplier, indicating Hesai's strong market position and technological capabilities [2] Industry Summary - According to a recent Goldman Sachs report, the potential of China's autonomous driving mobility market is significant, projected to grow from $54 million in 2025 to $47 billion by 2035, presenting a substantial growth opportunity for Hesai, which holds a 61% share of the global market [2]