HK Stock Market Move | HESAI-W(02525)rose more than 7%, the penetration rate of lidar is expected to continue to increase, and the company plans to double its annual production capacity this year.

HESAI-W(02525) rose by more than 7%, and as of the time of writing, it had increased by 7.42% to 228.6 Hong Kong dollars, with a trading volume of 164 million Hong Kong dollars. On the news front, according to CCTV Finance, with the continuous evolution of vehicle autonomous driving capabilities, the related industry chain has also maintained a high growth rate in recent years. Among them, the shipment volume of LiDAR used for ranging continues to rise. According to Huachuang Securities, looking ahead, benefiting from the gradual implementation of regulations for L2+/L3/L4, the penetration rate of LiDAR is expected to continue to increase; in terms of pricing, the downward space for the price of a single LiDAR is limited, and superimposed high-performance, multi-rock solutions are expected to become a trend, leading to a rapid expansion of the market size of onboard LiDAR. The bank predicts that the global market size of onboard LiDAR is expected to reach 9/14.8 billion US dollars in 2030/2035. It is worth noting that at the recent CES 2026 in Las Vegas, USA, Hesai announced that in order to meet the growing demand for LiDAR in the ADAS and Siasun Robot & Automation fields, the company plans to double its annual production capacity from 2 million units in 2025 to 4 million units in 2026. In addition, Hesai previously announced that it has been selected by NVIDIA as the LiDAR partner for the "NVIDIA DRIVE AGX Hyperion 10 platform".