tiprankstipranks
Trending News
More News >

Hesai secures ADAS lidar design win for multiple vehicles with SAIC motor

Hesai Technology has just announced that it has been selected to provide lidar units for several models of the SAIC Motor Commercial Vehicle Division’s OEM-installed project. The new models will be equipped with Hesai’s automotive-grade, ultra-high resolution long-range lidar AT128. These design wins are a part of the strategic cooperation between Hesai, SAIC Commercial Vehicle Division, and UTOPILOT to develop new intelligent driving technologies for consumer-facing product implementations. Yifan Li, the CEO and Co-Founder of Hesai Technology, stated: “SAIC Group is a leader in the automotive industry and an early explorer of intelligent driving technology in China with deep expertise in research and development. In the past two years, Hesai and UTOPILOT have achieved outstanding results in the commercial operation of intelligent heavy-duty trucks, and we are honored to further our cooperation in the implementation of multiple intelligent driving models in the SAIC Commercial Vehicle Division to bring consumers a safer, smarter, and more diverse travel experience.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on HSAI:

Disclaimer & DisclosureReport an Issue