Hesai Technology – a specialist in LiDAR technology - has announced the signing of a cooperation framework with SAIC Volkswagen.

Hesai said the cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced LiDAR products and technology at the core.

Hesai Technology says it integrates the manufacturing process of LiDAR into the R&D design process, ‘ensuring high performance, high reliability and cost-effectiveness while promoting rapid product iteration’.

Hesai also says it is an industry leader in global patents and has accumulated more than 1,700 patents and patent applications worldwide to date.

As of the second quarter of 2024, Hesai says it has delivered over 470,000 units of its ‘360° high-performance LiDAR' to customers.