Leapmotor Enhances EVs With Hesai's Advanced Lidar Technology For Smarter Driving

Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) have recently unveiled a strategic partnership aimed at revolutionizing the intelligent driving experience. This collaboration leverages Hesai's advanced automotive lidar products, marking a significant milestone in the evolution of intelligent driving solutions. The partnership, which builds on the ongoing collaboration initiated in 2021, has seen Leapmotor's C platforms equipped with Hesai's AT128 long-range lidar, including the latest C10 EV model.

Zhu Jiangming, Founder and Chairperson of Leapmotor, expressed confidence in the partnership's potential to enhance Leapmotor's intelligent driving solutions, accelerate product upgrades, and introduce safer, more user-friendly advanced intelligent driving functions. This announcement comes on the heels of Leapmotor's joint venture with Stellantis Group, aiming to boost global sales of Leapmotor's high-tech, cost-efficient products through Stellantis' extensive global assets and commercial expertise.

David Li, Co-Founder and CEO of Hesai Technology, highlighted the alliance's importance in bringing advanced lidar technology to the global market. He emphasized the shared commitment between Hesai and Leapmotor to advancing safety technology and expanding ADAS lidar into new markets. The growing demand for intelligent driving solutions equipped with lidar has led Hesai to launch a diverse portfolio of lidar products designed to meet various needs and preferences.

Looking forward, both companies are committed to exploring further opportunities to enhance intelligent driving technology and deliver innovative solutions to users worldwide. Hesai Technology stands as a global leader in lidar solutions, enabling a wide range of civilian applications such as passenger and commercial vehicles with Advanced Driver Assistance Systems (ADAS), autonomous driving vehicles, and robotic applications like last-mile delivery robots and Automated Guided Vehicles (AGVs).

Leapmotor, based in China, is recognized as an NEV company with comprehensive R&D capabilities in core NEV technologies. The company not only researches, develops, manufactures, and sells NEVs but also focuses on manufacturing EIC core components. With a commitment to maximizing user value, Leapmotor aims to provide exceptional products and services that exceed expectations. As an emblem of China's burgeoning NEV manufacturers, Leapmotor continues to explore future travel possibilities through relentless technological innovation.