Hesai Secures Exclusive Deal to Supply 1.5 Million Lidar Units to Changan
Chinese lidar manufacturer Hesai has announced a significant strategic partnership with Changan Automobile, Ford's joint venture partner in China. The company secured an exclusive contract to supply its advanced lidar sensors, with projected demand reaching 1.5 million units over the next few years. This agreement marks a major expansion for Hesai in the automotive sector, integrating its technology into more than ten upcoming Changan vehicle models. The primary product featured in this deal is the ATX compact lidar, a lightweight sensor weighing only 500 grams capable of detecting objects up to 300 meters away. Scheduled for market release in the second half of 2025, the ATX model is priced under $200, approximately half the cost of Hesai’s current AT128 model. This competitive pricing strategy aims to make autonomous driving features accessible in affordable electric vehicles priced below RMB 150,000 ($20,000). The collaboration underscores the growing integration of Chinese technology suppliers in the global automotive supply chain and highlights the industry's push toward cost-effective solutions for mass-market EVs.
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Hesai Secures Exclusive Deal to Supply 1.5 Million Lidar Units to Changan
Chinese lidar manufacturer Hesai has announced a significant strategic partnership with Changan Automobile, Ford's joint venture partner in China. The company secured an exclusive contract to supply its advanced lidar sensors, with projected demand reaching 1.5 million units over the next few years. This agreement marks a major expansion for Hesai in the automotive sector, integrating its technology into more than ten upcoming Changan vehicle models. The primary product featured in this deal is the ATX compact lidar, a lightweight sensor weighing only 500 grams capable of detecting objects up to 300 meters away. Scheduled for market release in the second half of 2025, the ATX model is priced under $200, approximately half the cost of Hesai’s current AT128 model. This competitive pricing strategy aims to make autonomous driving features accessible in affordable electric vehicles priced below RMB 150,000 ($20,000). The collaboration underscores the growing integration of Chinese technology suppliers in the global automotive supply chain and highlights the industry's push toward cost-effective solutions for mass-market EVs.
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