Volvo bucks the industry, will sell LIDAR-equipped self-driving cars to customers by 2022
Most new cars sold today include a bevy of sensors such as cameras and radar to help power modern conveniences like automatic emergency braking and lane keeping assist. Very few automakers, however, sell cars with the high-powered laser sensor known as LIDAR, and for good reason: most LIDAR are ridiculously expensive, with the leading suppliers pricing theirs at around $75,000. But now, Volvo says it has found a LIDAR maker that can produce the sensors cheap enough to justify installing them on its consumer vehicles — which it says will allow these cars to drive themselves.
In 2018, Volvo made a “strategic investment” in a little-known Florida-based LIDAR company called Luminar to use the startup’s high-resolution long-range sensor to...
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