LiDAR costs fall

It has dropped from $70,000 in 2016 to a few thousand yuan today. This is mainly due to Hesai Technology's chip design and automated production. Through integrated chip design, Hesai Technology has reduced the size and cost of LiDAR and improved production efficiency. In addition, Hesai Technology has also achieved the sharing of technology, materials and production lines through modular and platform design, further reducing costs. Hesai Technology has built its own automated factory to achieve efficient production of LiDAR. At present, Hesai Technology has delivered a total of 135,000 LiDARs, becoming a leader in the global market.