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Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing to sell it the equity of its subsidiary Luminar Semiconductor for $110 million in cash.

Autonomous trucks require long-range lidar systems to identify objects far ahead and short-range sensors to capture detailed data in complex driving situations.

An Ariya model with Wayve technology will be available in 2027.

Glen De Vos says the next-generation sensors are scheduled for launch in 2028 with a price of $200-$300, making them more accessible for mass adoption.

Hesai, which raised $192 million in its U.S. initial public offering in 2023, was added to a Pentagon blacklist of companies linked to China’s military last year.

Trucking technology company Aeva announced an expanded partnership with Daimler Truck North America to advance the commercialization of autonomous vehicles.

In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Tesla’s system.

Mobileye will use laser sensors made by Innoviz Technologies for the autonomous driving system it supplies to vehicle manufacturers, a potential revenue boost for the upstart.

LAS VEGAS — Trucking sensors are becoming an increasingly pivotal area of focus as an enabler of automotive technology, with that growing importance demonstrated at CES 2024.

Aeva Technologies Inc. has won a multiyear contract to supply Daimler Truck Holding AG with technology to help advance autonomous driving on highways.