LiDAR

In the field of LiDAR, Tesla does not have the advantage gained by early layout. This technology is providing another dimension in the competition.

Chinese LiDAR supplier Hesai Technology and autonomous driving system developer WeRide have entered into a strategic partnership to jointly promote the adoption of driverless technology.

Li Auto recently signed an agreement with a Chinese LiDAR supplier to lay the groundwork for its new model to be released in 2022 with the component which is seen as key for autonomous driving.

Xpeng Motors will officially begin pre-sales of the P5 sedan on July 17, when it will announce the model's price, the company said Tuesday.

Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.

Innovusion's LiDAR, developed in collaboration with Nio, will be a "high-performance product" with a 120-degree ultra-wide viewing angle and ultra-high resolution that can detect up to 500 meters.

While LiDAR is all the rage in the new energy vehicle market, it doesn't mean millimeter-wave radar is being left behind.

Baidu Apollo and Hesai Photonics Technology signed a strategic cooperation deal, under which the latter will customize LiDAR for Apollo's fifth-generation sharing Robotaxi.

Competition in the LiDAR space is fierce, with both traditional car companies and tech companies entering the market in various ways.

Nio CEO William Li has said that the company has no plan B on the LiDAR option, implying that Nio is fully supporting the development of Innovusion.