The article analyzes the computing requirements of vision-only and LiDAR-fusion approaches in autonomous driving, arguing that computing demand is not simply determined by the number of sensors, but by how the perception system processes data and by its algorithm architecture.
Hesai, Seyond and RoboSense successively released financial reports in August. Comparing the three, the article points out that as mass-produced vehicle models, robotics and embodied intelligence become real demand, the growth logic of leading LiDAR companies is diverging.
Ozone lidar uses the differential absorption principle for atmospheric monitoring. All-solid-state products are easy to maintain and integrate, and are expected to become mainstream.
The Leapmotor A05 launched on August 11, bringing LiDAR to vehicles in the 80,000-yuan class.
Hesai reported net revenue of RMB 3.028 billion in 2025, and the article discusses its valuation.
In the five years since it began operations, the Hangzhou Institute of Optics and Mechanics has incubated more than 60 optoelectronic 'hard tech' companies, over 20 of which have secured follow-on financing, drawing more than 2.5 billion yuan in external capital in total. Its full-chain 'equipment + funding + talent' model, backed by a modular and standardized service system, helps scientists cross the 'valley of death' in technology commercialization. The incubated companies span atmospheric laser remote sensing, gallium oxide single crystals, cold atom clocks and other fields. The operating model was reported by Daily Business News and reposted and endorsed by the Hangzhou Municipal Government and several other government new media platforms.