Ford and Baidu invest $150M in Velodyne LiDAR
Green Car Congress
AUGUST 16, 2016
The investment will allow Velodyne to rapidly expand the design and production of high-performance, cost-effective automotive LiDAR sensors, accelerating mass adoption in autonomous vehicle and ADAS applications and therefore accelerating the critical, transformative benefits they provide. —David Hall, founder and CEO, Velodyne LiDAR.
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