LizMy neighbor has a 6 year old child with pretty bad autism. He hits and bites as well and is unable to communicate. I think the best solution is for your kids (if they continue to be his friend) to tell him not to hit. She is always telling him "No!" firmly. So I am sure that if you tell him enough times, he may understand. If not, your kids and you would have to make a decision on whether or not to have him as a friend. I would at least let your kids try to be friends with him because he is unable to control his behavior problems.
I’m not extremely familiar with autism, but I can tell just by watching my neighbor and her son, that it is extremely hard to deal with.
Good luck and I hope that your children and you can figure out a solution for the problem. I would try telling him no, and if he doesnt get it, then you would go from there.