There are too many Lidar companies. They can’t all survive

Austin Russell may be just 24 years old, but he’s been helming his lidar laser scanner company since dropping out of Stanford at 17, and he’s no longer interested in running Luminar Technologies as a startup. Being a component company—selling a widget to a major supplier, which then sells it to an automaker—won’t do either. Russell wants Luminar to be one of those suppliers, known as the Tier 1 companies, that sell directly to automakers—to compete with, rather than work with, the likes of Bosch and Continental.

https://www.wired.com/story/too-many-lidar-companies-cant-all-survive/