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Velodyne expects automotive-grade mass manufacturing to be below manner by the second half of 2021 and that the units may present up in autos in 2022 or 2023.
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View PhotosVelodyne is amongst a trio of lidar expertise builders coming to public markets.
Velodyne Lidar Inc mentioned on Friday it could introduce a brand new lidar unit, a key sensor in self-driving vehicles, with a goal worth level of lower than $500 and no transferring components. Velodyne turned a public firm in September and is considered one of a number of corporations vying to produce automakers with lidar, a sensor that generates a three-dimensional map of the highway forward. Velodyne was an early entrant into the market, and its models have powered analysis operations for a lot of automakers.
Some of these early analysis models had been cumbersome, contained many transferring components and value nicely above $10,000. For mass manufacturing in passenger autos, automakers and their main suppliers search models which might be modern sufficient to suit into enticing automotive designs and value nicely beneath $1,000.
The autonomous automobile expertise firm mentioned the Velarray H800 could have a goal worth of lower than $500. In an interview with Reuters, Velodyne Chief Executive Anand Gopalan mentioned the corporate is working with contract manufacturing companion Fabrinet to assemble check units and that mass manufacturing will occur at a Fabrinet manufacturing unit in Thailand.
Velodyne expects automotive-grade mass manufacturing to be below manner by the second half of 2021 and that the units may present up in autos in 2022 or 2023, Gopalan advised Reuters.
“We have clear line of sight into being able to hit those costs today,” he mentioned of the sub-$500 worth level.
The firm mentioned the unit could have no transferring components – often known as “solid state” within the business – and will probably be sufficiently small to suit behind the windshield of a automotive. It mentioned the sensor can be utilized for self-driving autos or present driver-assistance options corresponding to emergency braking and lane-keeping help.
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Velodyne is amongst a trio of lidar expertise builders coming to public markets. Silicon Valley agency Aeva Inc goals to go public by merging with blank-check acquisition firm InterPrivate Acquisition Corp, and Luminar Technologies Inc is working by means of the same transaction with Gores Metropoulos Inc.
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