PALO ALTO, Calif., Sept. 25, 2025 /PRNewswire/ — Hesai Technology (NASDAQ:HSAI and HKEX:2525), the global leader in lidar solutions, has been named by Fortune, a global multiplatform media company, to its prestigious 2025 Change the World list.
Each year, Fortune’s Change the World list highlights 50 of the world’s most innovative companies that create meaningful social or environmental impact through their core business strategies. Hesai is the only lidar company to be featured this year, joining industry leaders such as Alibaba, Deloitte, Mastercard, and Schneider Electric.
Fortune editors recognized Hesai’s significant contributions to the Public Health and Safety sector by bringing lidar to the mass market and transforming vehicle safety worldwide. According to the World Health Organization, traffic accidents claim nearly 1.2 million lives annually and leave millions more with serious injuries or disabilities. Acting as an "invisible seatbelt," Hesai’s lidar solutions deliver real-time 3D perception, detecting obstacles even in the most challenging conditions such as rain, fog, and complete darkness. This cutting-edge technology gives vehicles and perception algorithms critical extra time to identify hazards, respond earlier, and prevent accidents before they occur.
Publicly available data demonstrates the impact of Hesai’s lidar. Li Auto, a leading automaker, reports that its vehicles equipped with Hesai lidar have reduced general road accidents by 20% and fatal highway accidents by 90%. With customers across more than 40 countries, 120 design wins, and partnerships with 24 OEMs, Hesai lidar is rapidly becoming the global standard for road safety.
Through proprietary ASIC technology and mass-production capabilities, Hesai has reduced the cost of its lidars by 99.5%, making advanced driver-assistance systems (ADAS) accessible in EVs priced as low as $15,000. What was once a premium feature reserved for luxury vehicles has now been democratized by Hesai, enabling the mass adoption of life-saving technology for drivers everywhere.
Looking ahead, Hesai will continue advancing road safety with its high-performance, reliable, and scalable lidar technology—saving more lives on the road each year.
See the full award list here: https://fortune.com/change-the-world/
About Hesai Hesai Technology (NASDAQ: HSAI and HKEX: 2525) is a global leader in lidar solutions. The company’s lidar products enable a broad spectrum of applications including passenger and commercial vehicles ("ADAS"), as well as autonomous driving vehicles and robotics and other non-automotive applications such as last-mile delivery robots and AGVs ("Robotics"). Hesai seamlessly integrates its in-house manufacturing process with lidar R&D and design, enabling rapid product iteration while ensuring high performance, high quality and affordability. The company’s commercially validated solutions are backed by superior R&D capabilities across optics, mechanics, and electronics. Hesai has established offices in Shanghai, Palo Alto and Stuttgart, with customers spanning more than 40 countries.
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