1. Hesai Group (NASDAQ:HSAI)
Hesai Group (NASDAQ:HSAI) is one of the 10 best robotics and automation stocks to invest in.
On June 17, Hesai Group (NASDAQ:HSAI) shared how its lidar solutions help autonomous mobile robots transition from controlled factory settings into unpredictable outdoor operations. The company believes that complex terrain and changing lighting conditions are the key reasons why conventional camera-based systems often fail in outside settings.
To resolve this limitation, Innok Robotics built its outdoor-ready platforms around the Hesai XT32 lidar. The particular sensor offers a 360-degree field of vision and high-resolution 3D spatial data that precisely measures shapes, movement, and distance regardless of light conditions or weather.
By eliminating blind spots, this technology enables autonomous vehicles to travel safely in mixed traffic, to ascertain the loading of logistics trailers and pallets, and to maneuver in close industrial settings. The incorporation of hardware from Hesai greatly reduces the chances of false detection and the need for unnecessary halts during operations.
This reliable 3D perception ultimately ensures increased uptime, pedestrian safety, and consistency in automation performance across highly variable real-world environments.
Back on May 20, Hesai Group (NASDAQ:HSAI) won a contract from a top European automaker, expanding on its Mercedes-Benz L3 program. This new order is for over 1 million units across more than 10 joint venture models in China.
The project features the Hesai ATX, a compact long-range lidar for L2 ADAS that uses the company’s photon isolation capabilities. Mass production started back in 2025. Today, ATX has 1 million deliveries and a backlog of over 6 million units. Hesai has won business from 40 automakers across more than 160 models.
Hesai Group (NASDAQ:HSAI) manufactures and sells three-dimensional light detection and ranging solutions (LiDAR) worldwide. The company sells solution services, gas sensor products, validation services, and engineering products. LiDAR products have applications across passenger vehicles, autonomous fleets, logistics, and delivery robots.
While we acknowledge the potential of HSAI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the cheapest AI stock.
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