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Taiwanese automotive LED module maker Laster Tech have registered a revenue of USD $11.68m, up 45% YoY and hitting record high levels. Constant
Hella will present intelligent lighting and electronics solutions for trucks, trailers and busses at the IAA Commercial Vehicles in Hanover,
French research institute LETI, together with mobility services provider Transdev and R&D centre IRT Nanoelec have launched a pilot programme
The Spectrum-Scan lidar from India-based Baraja uses prism like optics and adjustable wavelengths to create powerful electric eyes for
Jenoptik say their revenues for the first half of this year are up by 10% to €384m; pre-tax earnings grew by 31% to €56.3m. The Executive Board have
Velodyne Lidar, who claim their perch as the world leader in 3D vision systems for autonomous vehicles, are partnering with Unmanned Solution (UMS)
Bosch have partnered with Finnish weather forecasting company Foreca to offer connected vehicles detailed information about road conditions.
Jan Carlson, Chair of the Board of Autoliv and President and CEO of Autoliv spinoff Veoneer since this past April, has now been named Veoneer’s Chair
Extracts from Yole Developpement report on lidar
“In the past two years, more than USD $800m have been invested in lidar companies”, says Alexis Debray, Technology & Market Analyst at Yole Developpement (photo).”Therefore, there is clearly a strong excitement around these technologies.”
But is it a dream? Or could we think about a real market potential?
Some companies, despite being created only a few years ago, have received millions in investments. For example, Blackmore, founded in 2016, recently received $18m from BMW and Toyota. And Quanergy, launched in 2012, received $180m in 2017. Such investments testify to lidar technologies’ immaturity.
Startups, industrial participants, tier 1s, and automakers are all investing in different approaches with no guarantee of success, but this is the price they must pay for a chance to be part of the market for automotive-grade lidar technologies.
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