Here are two LIDAR and EV companies that I never heard of before today. Both Chinese, where it looks like autonomous driving will take off before anywhere else. Xpend is on the NYSE with a market cap of over $33b, not a fly-by-night firm. Cf google.com
Xpeng Partners with Livox to Deploy Lidar Technology in the New 2021 Production Model
Thu, December 31, 2020, 11:24 PM EST·4 min read
Xpeng Inc. ("Xpeng" or the "Company", NYSE: XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, has collaborated with Livox, a leading lidar maker, to deploy its automotive-grade lidar technology in Xpeng’s new production model in 2021. Livox is Xpeng’s first partner in lidar technology.
This press release features multimedia. View the full release here: businesswire.com
(Graphic: Business Wire)
Livox has customized its Horiz sensor (the automotive-grade version of its Livox Horizon) for Xpeng, not only meeting automotive-grade requirements but also delivering cost efficiency and reliability for production models. The implementation of lidar in XPILOT architecture - Xpeng's autonomous driving system - will further enhance XPILOT’s safety as well as the ability to cover a comprehensive range of driving scenarios.
Xpeng’s new 2021 production model will be the world's first mass-produced smart EVs equipped with lidar, solidifying Xpeng’s cutting-edge position in the smart EV technology.
Since its founding in 2016, Livox has focused its R&D efforts on enabling cost-efficient mass production of lidar solutions, aiming to overcome the three bottlenecks in the lidar industry: price, scalability and reliability. Livox’s automotive-grade solution boasts a range of industry-leading standards in terms of detection range, FOV (Field of View) and point cloud density.
continues at finance.yahoo.com |
