By sharing data and technology, the two companies hope to produce autonomous cars. Although this is a lofty goal, Volkswagen has deep pockets. The world’s biggest automaker has 15 billion euros ($18.2 billion) dedicated for investments in ride-hailing, autonomous driving, digitalization, electric mobility, and other services in China by 2022.
Source: fortune.com
David Hall invented modern three-dimensional lidar more than a decade ago for use in the DARPA Grand Challenge competitions. His company, Velodyne, has dominated the market for self-driving car lidar ever since. Last year, Velodyne opened a factory that it said had the capacity to produce a million lidar units in 2018—far more than any other maker of high-end lidars.
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Thankfully, this crash was different in one important respect: there was a working highway safety barrier in front of the concrete divider. As a result, the crash was much less severe and the driver was able to walk away.
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