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    Olivia ZhangHaitong International Securities Group Limited

    Olivia Zhang's questions to Hesai Group (HSAI) leadership

    Olivia Zhang's questions to Hesai Group (HSAI) leadership • Q3 2024

    Question

    Olivia Zhang from Haitong International asked for Hesai's perspective on its cooperation and competition with Huawei in the intelligent driving market, particularly within the Huawei automotive ecosystem.

    Answer

    CEO David Li described the market as clearly divided. He stated that OEMs using Huawei's full-stack solution exclusively use Huawei's LiDAR. Consequently, Hesai's strategy is to target the 'rest of the world,' which includes OEMs developing their own systems or having non-Huawei product lines. Li believes this addressable market is significantly larger and includes Hesai's global customers.

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