CHOKEPOINT LENS
DOSSIER
ROLE
The automotive-LiDAR leader (~37–39% share) with in-house SPAD-SoC and VCSEL silicon — the chip-plus-scale flywheel that collapsed LiDAR unit cost.
CHOKE POSITION
Co-owner of the China LiDAR cost curve; the accessible one (NASDAQ ADR). Selected as LiDAR partner for NVIDIA DRIVE Hyperion 10 (Jan 2026).
Key readouts, what makes the choke pay, what breaks it, and the catalysts on the watch — for every instrument on the board.
PERFORMANCE
No market data available for this instrument.
RELATED SIGNALS
FULL FEED →Hesai LiDAR unit cost breaks $100 — deflation signal for perception layer
Hesai's new AT512 solid-state LiDAR ships at sub-$100 BOM for automotive-grade volumes. Robotics-grade variants (wider FOV, higher rep rate) still $400+ but converging fast.
INTELLIGENCE FILES
ADJACENT INSTRUMENTS
NOTES
China-dominant cost curve; US-listed ADR
Market intelligence, not financial advice.