Hyundai Mobis invests in Velodyne Lidar

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.

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