Founded in 2014, Hesai Technology is a global leader in lidar technology for autonomous driving and ADAS. Its vision is to empower robotics and elevate lives through high-performance, reliable, and low-cost 3D sensors. Hesai has developed exceptional R&D capabilities, accumulating deep expertise in optics, mechanics, electronics, and software. The company has been granted hundreds of patents globally for its industry-leading technologies, in areas such as proprietary lidar chips, functional safety, and interference rejection. Hesai’s new manufacturing center for automotive production will commence operation in 2022, with a planned capacity of over 1 million units. Hesai has won customers spanning over 90 cities in 40 countries, including leading autonomous driving developers, OEMs, Tier 1 suppliers, and robotics companies. To date, Hesai has raised over $500M from Xiaomi, Meituan, Bosch, Baidu, Lightspeed, Hillhouse, CPE, Qiming, and other global investors.