Quarterly net revenues were RMB719.8 million (US$98.6 million)1Quarterly lidar shipments were 222,054 unitsFull Year 2024 net revenues were RMB2,077.2 million (US$284.6 million)Full Year 2024 lidar shipments were 501,889 units SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2024. Management Remarks "In 2024, Hesai achieved a milestone year with record-breaking lidar shipments, more than doubling annually for four consecutive years, and achievin

SHANGHAI, China, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its fourth quarter and full year 2024 unaudited financial results on Monday, March 10, 2025, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 10, 2025 (9:00 AM Beijing/Hong Kong Time on March 11, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the sc

Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units SHANGHAI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended September 30, 2024. Operational Highlights  Three months ended September 30, 2024 Nine monthsended September 30, 2024ADAS lidar shipments129,913 263,148Autonomous Mobility lidar shipments4,295 16,687Total lidar shipments134,208 279,835     Q3 2024 ADAS lidar shipments were 129,913 units, representing an increase of 220.0% f

SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its third quarter 2024 unaudited financial results on Monday, November 25, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 PM U.S. Eastern Time on November 25, 2024 (9:00 AM Beijing/Hong Kong Time on November 26, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the schedul

Quarterly net revenues were RMB458.9 million (US$63.1 million)1Quarterly lidar shipments were 86,526 units SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights  Three monthsended June 30, 2024 Six monthsended June 30, 2024ADAS lidar shipments 80,773 133,235Autonomous Mobility lidar shipments 5,753 12,392Total lidar shipments86,526 145,627     Q2 2024 ADAS lidar shipments were 80,773 units, representing an increase of 76.8% from 45,694 units in th

SHANGHAI, China, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its second quarter 2024 unaudited financial results on Monday, August 19, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 19, 2024 (9:00 AM Beijing/Hong Kong Time on August 20, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled cal

Quarterly net revenues were RMB359.1 million (US$49.7 million)1Quarterly lidar shipments were 59,101 units SHANGHAI, China, May 20, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended March 31, 2024. Operational Highlights  Three monthsended March 31, 2024ADAS lidar shipments52,462Autonomous Mobility lidar shipments6,639Total lidar shipments59,101   Q1 2024 ADAS lidar shipments were 52,462 units, representing an increase of 86.1% from 28,195 units in the corresponding period of 2023.Q1 2024 Total lida

SHANGHAI, China, April 29, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its first quarter 2024 unaudited financial results on Monday, May 20, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 20, 2024 (9:00 AM Beijing/Hong Kong Time on May 21, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start t

Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-yearQuarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-yearFull Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-yearFull Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China, March 11, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2023. Operational Highlig

SHANGHAI, China, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Monday, March 11, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 11, 2024 (9:00 AM Beijing/Hong Kong Time on March 12, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to th

PALO ALTO, Calif., April 3, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics application, today announced that its lidar solution have been selected by WeRide (NASDAQ:WRD) to power its autonomous vehicles, which will begin operating on Uber Technologies, Inc.'s (NYSE:UBER) platform in Dubai as part of the city's 2030 smart mobility initiative. This marks a key moment in the development of autonomous transportation in the Middle East. Each of the autonomous vehicles will be equipped with four Hesai automotive-grade long-range lidars. As Dubai aims to transform 25% of all journeys in the city into autonomous trips

SHANGHAI, China, April 01, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 1, 2025. The annual report, which contains the Company's audited consolidate statements, can be accessed on the SEC's website at https://www.sec.gov and on Hesai's investor relations website at https://investor.hesaitech.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial

PALO ALTO, Calif., March 31, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics applications, today announced that its lidar solution will power Apollo Go's landmark expansion into Dubai, accelerating the global adoption of safe and intelligent driverless solutions. The announcement follows the exclusive agreement signed between Hesai and Baidu Apollo in July 2024. The fleet is expected to scale to 1,000 vehicles, demonstrating the reliability and performance of Hesai's lidar technology in enabling L4 autonomous driving in complex environments. Apollo Go's RT6 robotaxis have already achieved impressive operational

SHANGHAI, March 26, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar solutions, today announced it has secured an exclusive series production partnership with Chery Automobile's new energy brand, iCAR. Under the agreement, Hesai's groundbreaking ATX Lidar will be integrated in new iCAR vehicles, with mass production scheduled to commence in the fourth quarter of 2025. Hesai's ATX lidar, a compact, ultra-high-definition, long-range sensor, is set to enhance iCAR vehicles' perception capabilities in complex scenarios including active braking, adaptive cruise control, urban navigation, and smart parking. The partnership is part of Chery's comprehensive intelligen

SHANGHAI, March 19, 2025 /PRNewswire/ -- Hesai Group (NASDAQ:HSAI) ("Hesai" or the "Company"), the global leader in three-dimensional light detection and ranging (lidar) solutions, today issued the following statement in response to allegations made in a report by Blue Orca Capital. The Company is aware of the report published by short-seller Blue Orca Capital. The Company strongly disagrees with the allegations in the report and believes that the report is without merit. The Company reiterates its continued and unwavering commitment to stringent standards of business ethics and regulatory compliance. About Hesai Hesai Technology (NASDAQ:HSAI) is a global leader in lidar solutions. The comp

PALO ALTO, Calif., March 13, 2025 /PRNewswire/ -- Hesai Technology, a global leader in lidar R&D and manufacturing, has secured a new design win with a top 5 NEV automaker in China. This automaker, part of a major global automotive group, will soon commence mass production of its high-end smart EV models equipped with Hesai's ATX lidar as standard. The ATX's advanced features will significantly enhance the vehicles' intelligent driving systems. The lidar market is experiencing rapid growth, with automotive lidar installations surpassing 1.5 million units in 2024, doubling the previous year's figure. Gasgoo Automotive Research Institute's data reveals a 29% penetration rate of lidar in China

PALO ALTO, Calif., March 10, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today a new exclusive design win with a leading European OEM. Hesai will provide advanced ultra-long-range automotive lidars for the OEM's upcoming platform, including both internal combustion engine (ICE) and electric vehicle (EV) models. This multi-year program will last into the next decade, marking it the largest global program for the automotive lidar industry. "This long-term partnership is a resounding endorsement of our unrivaled performance and quality. Meeting the rigorous standards of a market leader,

Quarterly net revenues were RMB719.8 million (US$98.6 million)1Quarterly lidar shipments were 222,054 unitsFull Year 2024 net revenues were RMB2,077.2 million (US$284.6 million)Full Year 2024 lidar shipments were 501,889 units SHANGHAI, China, March 10, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months and full year ended December 31, 2024. Management Remarks "In 2024, Hesai achieved a milestone year with record-breaking lidar shipments, more than doubling annually for four consecutive years, and achievin

STUTTGART, Germany, Feb. 27, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today that it holds the largest number of published patent applications for lidar globally, and its IP portfolio has further expanded with the acquisition of Swiss digital lidar patents. Patent volume is an important indicator to measure a high-tech company's innovation capabilities. As of December 2024, Hesai has accumulated nearly 1,800 patents and patent applications worldwide. According to the global patent database Patsnap, the total number of Hesai's published patent applications for the lidar industry exce

SHANGHAI, China, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its fourth quarter and full year 2024 unaudited financial results on Monday, March 10, 2025, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 10, 2025 (9:00 AM Beijing/Hong Kong Time on March 11, 2025). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the sc

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