Hesai Group (HSAI) stock surged over 11% to $27.06 following the announcement that NVIDIA has selected the Chinese lidar specialist as a key partner for its next-generation autonomous driving platform, NVIDIA DRIVE AGX Hyperion 10. This platform is a production-ready reference architecture designed to enable Level 4 autonomous vehicle deployment, where vehicles can operate without human intervention under defined conditions.
The partnership centers on Hesai's ETX lidar, an automotive-grade, ultra-long-range sensor engineered for Level 3 and Level 4 applications. Built on Hesai's fourth-generation technology, the ETX features a slim design for seamless integration on vehicle roofs or behind windshields. NVIDIA's selection signals that Hesai's products meet strict performance, safety, and integration standards for its expanding autonomous driving ecosystem.
The collaboration is not new; it builds on a relationship that began in 2019, with both companies working to validate lidar solutions within NVIDIA's autonomous driving stack. Ali Kani, vice president of automotive at NVIDIA, emphasized that the DRIVE Hyperion platform unifies compute, sensors, and safety to help automakers bring full autonomy to market faster and at scale.
For Hesai, this partnership strengthens its credibility with global automakers and builds on strong momentum. The company's U.S.-listed shares have gained more than 70% over the past year, and it is also expanding into non-automotive applications, such as supplying lidar for 3D motion-capture systems in partnership with South Korea's MOVIN.
