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Stock impact report

Hesai to Provide 1.5M Lidar Units to Changan for Multiple Car Models [Yahoo! Finance]

Dorman Products, Inc. (DORM) 
Last dorman products, inc. earnings: 4/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
long-range lidar for Changan Automobile's new intelligent driving platform. The order for Hesai's ATX compact lidar, launched in April, is expected to exceed 1.5 million units in the coming years. Per the agreement, Hesai will supply lidar for more than 10 models across Changan's various brands, with the first vehicle equipped with this technology entering mass production in the second half of 2025. This builds on their strategic partnership established in 2022, which saw the successful launch of the Changan Nevo E07 in October, featuring two Hesai AT128 lidars, earning widespread market acclaim. The ATX lidar, Hesai's fourth-generation product, offers significant improvements over the AT128, including a 60% reduction in size and weight. Its height has decreased from 48 mm to 25 mm and its long edge has been trimmed from 137 mm to 100 mm, making it easier to integrate into vehicle designs without impacting aerodynamics or space. Weighing just 360 grams, the ATX also boasts advance Show less Read more
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