Luminar lidar cost1/10/2024 went public via reverse merger last month. Luminar Technologies Inc.’s 25-year-old founder is set to become one of the world’s youngest billionaires when it completes a reverse merger later this year, and Velodyne Lidar Inc. Lidar startups have raised hundreds of millions of dollars, seizing on demand for high-tech auto investments. Lidar is becoming more familiar to consumers, too, and is a feature of higher-end versions of Apple Inc.’s new iPhone 12. That would make it affordable enough for automakers introducing semi-autonomous features such as hands-free highway driving. That’s a shift from the driverless fleets once at the center of manufacturers’ strategies.Ĭompanies are betting they can make this business model work by whittling down the cost of laser sensors, which can reach thousands of dollars. As automakers push back timelines for introducing self-driving models, companies that specialize in these laser sensors, known as lidar, are targeting more limited features for passenger cars that will go into production in a few years. Makers of the underlying technology are pivoting to more realistic ways of making money in the here and now.Īmong the most expensive components of autonomous vehicles are laser-based sensors that allow a car’s computer to “see” its surroundings. With Robotaxis Still a Distant Dream, Lidar Makes Itself Useful The promise of self-driving cars and robotaxi fleets once seemed just around the corner, but reality is setting in.
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