Big automakers on LiDAR buying spree?

Automakers these days are either acquiring or investing into LiDAR companies for their connected and AV projects. LiDAR sensors are crucial for safe mobility and detecting obstructions on the road. Recently, Volkswagen’s CARIAD acquired LiDAR maker Innoviz for $6.6 billion.

https://www.geospatialworld.net/prime/big-automakers-lidar-buying-spree/