Alphabet’s Waymo to stop selling lidar self-driving car sensors
SAN FRANCISCO, Aug 26 (Reuters) – Alphabet Inc’s (GOOGL.O) self-driving unit Waymo said on Thursday that it has ended a two-year effort to sell light detection and ranging (lidar) sensors to other companies. This is a reversal from its earlier strategy to sell the lidars to non-automotive customers to bring down costs of a key and expensive component of self-driving cars. “We’re winding down our commercial lidar business as we maintain our focus on developing and deploying our Waymo Driver across our Waymo One (ride-hailing) and Waymo Via (delivery) units,” a Waymo spokesperson said in a statement.