Hesai Technology Recognized by Fortune for Redefining Road Safety with Lidar Solutions

Hesai Technology has been named to Fortune's 2025 Change the World list for its contributions to public health and safety through its lidar solutions. The company's technology delivers real-time 3D perception and has been shown to reduce general road accidents by 20% and fatal highway accidents by 90%. Hesai has reduced the cost of its lidars by 99.5%, making advanced driver-assistance systems accessible in EVs priced as low as $15,000.

Hesai Technology (NASDAQ: HSAI and HKEX: 2525), a global leader in lidar solutions, has been named to Fortune's prestigious 2025 Change the World list. The company was recognized for its significant contributions to the Public Health and Safety sector by bringing lidar technology to the mass market and transforming vehicle safety worldwide Hesai Recognized on Fortune's 2025 Change the World List for Redefining Road Safety^[1].

Lidar, or Light Detection and Ranging, is a technology that uses laser pulses to measure distances and create a 3D map of the environment. Hesai's lidar solutions provide real-time 3D perception, detecting obstacles even in challenging conditions such as rain, fog, and complete darkness. This technology acts as an "invisible seatbelt," giving vehicles and perception algorithms critical extra time to identify hazards and prevent accidents before they occur.

The impact of Hesai's lidar technology is evident in public data. Li Auto, a leading automaker, reports that its vehicles equipped with Hesai lidar have reduced general road accidents by 20% and fatal highway accidents by 90% Hesai Recognized on Fortune's 2025 Change the World List for Redefining Road Safety^[1]. With customers across more than 40 countries, 120 design wins, and partnerships with 24 OEMs, Hesai lidar is rapidly becoming the global standard for road safety.

Hesai's success is not just about the technology; it's also about making it accessible. Through proprietary ASIC technology and mass-production capabilities, Hesai has reduced the cost of its lidars by 99.5%, making advanced driver-assistance systems (ADAS) accessible in EVs priced as low as $15,000. This democratization of life-saving technology has the potential to significantly reduce traffic fatalities and injuries worldwide.

Looking ahead, Hesai will continue advancing road safety with its high-performance, reliable, and scalable lidar technology. The company's recent expansion of its production agreement with a leading robotaxi company in the US, valued at over $40 million, underscores its commitment to the autonomous mobility sector Hesai Group (HSAI) Inks $40M Lidar Supply Deal with Robotaxi Firm^[2].

In conclusion, Hesai Technology's recognition by Fortune highlights its significant impact on public health and safety. The company's innovative lidar solutions and commitment to accessibility are paving the way for a safer future on the roads.