Hyundai Mobis invests in Velodyne Lidar

Hyundai

Source: Hyundai

Hyundai Mobis will invest $50 million in Velodyne Lidar to speed up the mass production of lidar systems for level 3 automated driving.

Hyundai Mobis will invest $50 million in Velodyne Lidar to speed up the mass production of lidar systems for level 3 automated driving. Hyundai Mobis said the lidar system now under development with Velodyne is important for the auto industry’s plans to eventually realize more highly automated autonomous driving.

This article is available to registered users only. 

To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.

Join us today for free

aIT Comp Tablet and print phone image 400px

Register free now to stay up-to-date with the latest industry developments, trends, and analysis, to find in-depth reports and intelligence and to connect with your peers.

Your free registration includes:

  • Access to our exclusive content
  • Weekly enewsletter
  • Option to save articles to a personal library
  • Ability to comment on articles
  • Special offers
  • Ability to manage your profile and communication preferences

Gain access to our exclusive content and features register today

Non-registered users are able to access two AIT exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.