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Hesai Group Wins Lidar Design Slot for Toyota JV Model, Aiding 2026 Production
ByAinvest
Friday, Aug 15, 2025 6:42 am ET1min read
Hesai Group, a leading LiDAR solution provider, has won a contract to supply its LiDAR technology to a joint venture between Toyota and a Chinese automaker for production in 2026. Hesai's technology will be used to enhance advanced driver assistance systems (ADAS) and autonomous vehicle capabilities. This partnership underscores the growing demand for LiDAR technology in the automotive industry.
Hesai Group (Nasdaq: HSAI), a leading LiDAR solution provider, has secured a significant design win from Toyota for its long-range automotive LiDAR ATX. The system will be integrated into a new energy vehicle model manufactured by Toyota's joint venture in China, with mass production scheduled for 2026 [1][2][3][4].The ATX LiDAR system, featuring Hesai's most advanced technology platform, combines enhanced optical-mechanical design and laser transceiver modules. This partnership marks Hesai's entry into the Japanese automotive ecosystem, a traditionally challenging market for foreign technology suppliers [1][2][3][4].
The design win underscores Hesai's technology leadership and expanding market reach. Toyota's selection of Hesai's ATX for a new energy vehicle model signifies the growing demand for LiDAR technology in the automotive industry, particularly for advanced driver-assistance systems (ADAS) and autonomous vehicle capabilities [1][2][3][4].
Hesai's ATX has already gained multiple design wins with various OEMs planning to implement it as a standard feature in 2025-2026 production vehicles, indicating growing market traction [1][2][3][4]. The partnership with Toyota represents both immediate validation and potential for expanded business across Toyota's extensive vehicle lineup if the initial implementation proves successful.
The Chinese joint venture angle also positions Hesai to benefit from China's rapidly growing electric vehicle market while establishing credentials with global automakers [1][2][3][4].
References:
[1] https://www.stocktitan.net/news/HSAI/hesai-secures-new-lidar-design-win-from-qzak2p86qmt0.html
[2] https://www.morningstar.com/news/pr-newswire/20250814cn51740/hesai-secures-new-lidar-design-win-from-toyota
[3] https://seekingalpha.com/news/4485782-hesai-secures-new-lidar-design-win-from-toyota
[4] https://www.prnewswire.com/news-releases/hesai-secures-new-lidar-design-win-from-toyota-302530251.html
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