Electronics and Semiconductors

Hyundai Mobis teams with Velodyne for Level 3 lidar system

24 October 2019

Just one day after Hyundai introduced machine learning technology designed to learn the driving behavior of drivers, Hyundai Mobis, a division of Hyundai, has announced it will collaborate with Velodyne Lidar for mass producing Level 3 autonomous driving lidar systems.

Additionally, Hyundai Mobis will also invest $50 million in Velodyne in order to reinforce business cooperation between the companies.

The companies will integrate Velodyne’s lidar sensors with Hyundai’s internally developed cognitive software that processes outside vehicle environment data gathered by lidar sensors that recognize and analyze moving or stationary objects such as traffic sign information.

The companies expect the first Level 3 self-driving lidar system to be available in 2021 for the Asian market with gradual expansion planned in North America and Europe. With the lidar system, Hyundai will help shift vehicles from being operated by human drivers to being operated by an independent car system.

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