Hesai Group

# Hesai Group

Founded in 2014, Hesai Group designs and manufactures three-dimensional light detection and ranging (LiDAR) sensors and related solutions. The company's primary products are LiDAR systems used in advanced driver assistance systems (ADAS) for passenger and commercial vehicles, as well as autonomous vehicle fleets that provide passenger and freight mobility services. Beyond automotive applications, Hesai sells LiDAR components for robotics platforms, including last-mile delivery robots, street sweeping equipment, and logistics robots used in restricted industrial areas.

The company also offers gas detection products, validation services, and engineering design services as supplementary revenue streams. Hesai operates with approximately 1,142 full-time employees and maintains a manufacturing and development presence across multiple geographies, including Mainland China, Europe, and North America. The company is incorporated in the Cayman Islands and trades on Nasdaq as a public entity with a market capitalization of approximately $4.3 billion.