$Hesai (HSAI.US)$ With the popularization of advanced driver...

$Hesai (HSAI.US)$ With the popularization of advanced driver assistance systems, lidar has become a necessity for many high-end car models. Lidar can provide high-precision three-dimensional perception for smart autos, effectively complementing and redundantly providing higher safety, and is a key perceptual hardware for empowering L2+ and L2++ ADAS applications.

To adapt to market changes, on April 14th, Shanghai Heesai Technology officially released the latest vehicle-grade ultra-thin long-range lidar: ET25, targeting the ADAS front-loading production market. This is a highly named lidar product, with ET standing for Extremely Thin, with a body height of only 25 mm. So, what are the advantages of this product?

Three major highlights to help you understand the lidar ET25

ET25 is a vehicle-grade ultra-thin long-range lidar launched by Heesai Technology for the ADAS front-loading production market, and it has the following three major highlights:

Highlight one, thin and compact. ET25 has a body height of only 25 mm. Compared with Heesai's flagship lidar AT128, the ET25 lidar is almost half as thin, but its performance is not sacrificed. Its FOV is 120° (H) x 25° (V), with a range of up to 250 meters when there is no windshield obstruction, and up to 225 meters with a windshield obstruction. Its point frequency exceeds 3 million per second, and the minimum resolution is only 0.05° x 0.05°, providing smart autos with ultra-clear long-range three-dimensional perception.

Highlight two, more advanced and sensitive. Thanks to Heesai's new self-developed transceiver chip, the more advanced lidar transceiver module makes the ET25 receiver chip several times more sensitive, resulting in a range of over 250 meters for 905nm lidar for objects with a 10% reflectance, assisting smart autos in timely risk assessment and making safer decisions when encountering complex road conditions.

Highlight three, low power consumption. The power of ET25 is only 12W, with excellent heat dissipation performance, allowing it to work continuously in the cabin even on hot summer days, maintaining high performance operation. Using sensors with lower energy consumption also helps smart autos save the battery and endurance costs of the whole vehicle.

It is not difficult to see that ET25 is an innovative product that breaks through the bottleneck of lidar. It is based on ultra-thin long-range lidar as its core and provides a new solution for the ADAS mass production market, which is expected to promote the popularization and application of lidar in the automotive field.

What makes Hesai Technology continuously recognized by global automotive companies with the launch of ET25?

Hesai Technology, as the market leader in global automotive lidar, its flagship product AT128 for ADAS lidar has received millions of units of lidar production orders from 11 car manufacturers and technology companies including Ideal, Jietu, Gaohe, Lotus, Changan, and SAIC. How did Hesai Technology gain the favor of major automakers? There are several reasons.

First, it has self-developed transceiver chips. Through self-developed chips, Hesai Technology can integrate hundreds of lidar transceiver channels onto a single chip, which significantly reduces the number of components from about 1000 to 100. At the same time, the supply chain is greatly simplified, reducing key suppliers from about 100 to about 10. In addition, automation in assembly saves manpower and resources, reduces processes and time, and reduces quality errors, achieving 'cost reduction'. It achieves a significant improvement in performance, with a product resolution that can be increased by about 10 times. During the press conference, Hesai Technology pointed out that this chip technology has been tested to a certain extent through mass production delivery.

Second, it has a global market layout. Since entering the lidar track, Hesai Technology has served many heavyweight customers at home and abroad, widely distributed in the fields of self-driving cars, advanced driver-assistance systems, robots, and vehicle networking, including well-known enterprises such as Bosch Group. Moreover, among the companies that have obtained public road testing licenses for autonomous driving announced by the California DMV, more than half are customers of Hesai Technology.

In summary, Hesai Technology has achieved continuous innovation and leading competition in the field of lidar with its self-developed chips and a global market layout, providing customers with high-quality and cost-effective solutions.

In conclusion

On the day of ET25's release, Hesai also officially announced a strategic partnership with Fuyao Group to jointly promote the implementation of the ET25 mass production solution.

At the same time, some industry insiders have also stated that Hesai Technology has done "many things that may have small short-term gains, but are necessary in the long run." Therefore, we firmly believe that the best lidar in the world in the future may come from domestic companies like Hesai.

Source: US Stock Research Society