Cheaper sensors could speed more self-driving cars to market by 2022

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The first heavily automated mass-market vehicles for consumers could go on sale ...

- The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-$500 lidar sensing package being developed by Silicon Valley startup Luminar.

Luminar has developed a low-cost lidar platform that bundles hardware and software and is being tested by several automakers, according to Austin Russell, Luminar chief executive officer and founder. Lidar-driven ADAS “can be more easily monetized by the manufacturers more easily implemented today” than fully automated systems, said Steve Lambright, vice president of marketing for lidar startup AEye, which is developing components for both types of systems.

A new player, North Carolina-based Sense Photonics, this week closed a Series A round and has raised more than $43 million, with backing from corporate investors Samsung Ventures and Shell Ventures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Low bid sensors may not be the best choice. Max 8?

Just the kind of thing you want to go cheaper on.

What problem do self-driving cars solve? Tech for tech's sake...

Auto cars will never work

Key word. Cheaper

It’s not cheaper sensors holding back Waymo. They have billions to throw at the problem...

Good call, cheap out on the one thing that makes a self-driving car SELF DRIVING. What could possibly go wrong?

DRYOUNISBALUSHI

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines