Hyundai invests in Velodyne Lidar

Hyundai invests in Velodyne Lidar

Hyundai Mobis collaborates with Velodyne Lidar for mass-producing a level 3 autonomous driving lidar system. Hyundai Mobis also will invest US$50m in Velodyne to reinforce business cooperation in Lidar commercialization. The two companies will collaborate on a new lidar system supply by integrating Velodyne’s latest lidar sensors with Hyundai Mobis’ cognitive software.

 (Bild: Hyundai Mobis Co., Ltd.)

(Bild: Hyundai Mobis Co., Ltd.)

Hyundai Mobis Co., Ltd.
www.businesswire.com/news/home/20191022006225/en/Hyundai-Mobis-Invests-Forms-Partnership-Velodyne-Lidar

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