Automotive lidar manufacture Velodyne has announced a 50 per cent cost reduction for its most popular sensor system, with the intention of making autonomous driving technology more accessible and to encourage an increased uptake of lidar technology around the world

Argo AI, an artificial intelligence subsidiary of Ford that produces software for autonomous vehicles, has acquired lidar firm Princeton Lightwave to accelerate the development of its own self-driving technology

Velodyne Lidar, a US firm providing sensing solutions for autonomous vehicles, has partnered with French firm YellowScan to produce a UAV lidar system for civil engineering and mining applications.

Despite just three per cent growth in the volume of cars sold expected through to 2022, the average growth rate in sensors sales volumes will rise above 8 per cent during the next five years, and above 14 per cent growth in sales value

Velodyne Lidar has signed an agreement with Argo Corporation, whereby Argo will serve as the exclusive reseller of Velodyne's HDL-64E and HDL-32E high definition 3D lidar sensors in Japan