Question · Q3 2025
Lu Jia from VOCI asked Hesai Group's management about new business initiatives beyond LiDAR, referencing a statement made at the Hong Kong listing event that Hesai aims to be more than just a LiDAR company in the next decade. She requested details on potential future expansion areas.
Answer
CEO David Li outlined Hesai Group's future expansion beyond LiDAR, focusing on four key areas. First, enhancing sensing capabilities for higher safety, including longer range, higher density, and material recognition, which he sees as a market larger than current LiDAR TAM. Second, integrating AI with sensing for perception software stacks to enable sensors to "think better," already applied in robotics. Third, exploring opportunities in "general definition of space sensing" by capturing the 3D world. Fourth, leveraging Hesai's expertise in high-end sensing, semiconductor, and manufacturing into broader infrastructure technologies. He emphasized that autonomous movement will require Hesai's advanced sensing capabilities.
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