Constituents  ›  Hesai Technology

Hesai Technology禾赛科技

HSAI Sensors & perception
Index weight
1.88%
Rank #20 of 41
Market cap
$2.5B
USD, live
PAI exposure
100%
Revenue from Physical AI
HQ
Shanghai
Founded 2014
Valuation
$2.5B · market cap
via Yahoo Finance · 2026-06-24

About

Leading LiDAR manufacturer. AT128 and FT120 used in autonomous vehicles and humanoid robots. IPO on NASDAQ 2023.

Shanghai, Shanghai · Founded 2014 · Company website

Why in the Index

Largest automotive-grade lidar maker by revenue. AT, JT, and ET-series lidar shipping at scale to Chinese AV OEMs and globally.

PAI exposure of 100% reflects the share of trailing-twelve-month revenue attributed to Physical AI activities. See methodology §4 for inclusion criteria and §6 for how PAI exposure scales the weight.

Key partnerships

  • European top-tier automaker — Hesai Technology secures order for over 1 million units from a European top-tier automaker.

Milestones

  • 2026-03—Hesai ATX Renewed Version received design wins from multiple BAIC Group vehicle models
  • 2026-04—ATX Renewed Version mass production and delivery begins
  • 2026-06—BAIC Group vehicles with Hesai ATX Renewed Version expected to start mass production and delivery

Recent activity

No events tracked yet — this company is monitored daily.

For deeper company-level data including funding history, full timeline, and recent news, see this company's profile in our Humanoid Robotics Tracker.

Disclaimer

This profile is part of the China Physical AI Index — a public information product published by Tech Buzz China for informational and educational purposes only. It is not investment advice and is not a recommendation regarding Hesai Technology or any other security. Company data is based on public filings and TBC research; revenue-exposure estimates are point-in-time and subject to update. See the full methodology §11 and disclaimer page.