Hesai said it now plans to build as many as 4 million lidar sensors in 2026, up from 2 million, as it tries to corner a ...

Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made -- but then backed away from -- large orders of its lidar sensors.

Lidar sensor manufacturer Luminar Technologies is in free-fall after its biggest customer, Volvo Cars, decided to cancel a five-year contract. Officially, Volvo blamed Luminar for a "limited supply of ...

Lidar maker Luminar Technologies Inc. today filed for Chapter 11 bankruptcy protection amid mounting debt pressures and slower-than-expected adoption of its autonomous vehicle technologies. The ...

The company is tapping the terahertz band of the electromagnetic spectrum to bring out the best qualities of more common ...

Luminar's stock continues to fall, driven by large losses, a weak balance sheet, and uncertainty regarding the timing of an expected growth inflection. The company also faces intense competition, both ...

Luminar's Q3 2024 results were mixed, with an 8.6% revenue decline. This drop is attributed to a re-negotiated non-automotive contract, not affecting future growth reliant on LiDAR system adoption.

Luminar achieves start of production (SOP) for Volvo Cars; Marks first time industry transitioning from R&D to standard on global production vehicles; Kicks off conversion of nearly $4 Billion Order ...

SAN FRANCISCO (Reuters) - Mercedes-Benz has signed a new agreement with Luminar Technologies to develop and integrate its latest lidar product, Luminar's CEO said, shifting from a supply deal for its ...

Two of the lidar industry’s key players are set to introduce major changes to their product portfolios this year, while also facing the escalating challenges of geopolitical tension, trade tariff ...

Imagine a future where self-driving cars solve day-to-day issues like long commutes, traffic jams, and roadway dangers. Before that future can become a reality, companies need to build systems that ...