Ford and Baidu have invested $150m in Velodyne as part of a joint venture to improve its LiDAR (Light, detecting and ranging) sensors. The race is on to achieve full self-driving autonomy, and a key ingredient in that will be affordable, scalable production of the requisite sensors. The company is also working with the US military on developing autonomous vehicles that can be used for reconnaissance or combat roles.
Ford and Baidu have invested $150m in Velodyne as part of a joint venture to improve its LiDAR (Light, detecting and ranging) sensors. The company is also working with the US military on developing autonomous vehicles that can be used for reconnaissance or combat roles.