Mobileye Exits Lidar Development

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lidar performance

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Mobileye says lidar is now "less essential" to its path toward Level 3 eyes-off systems

Summary

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76% Informative

Mobileye says lidar is now "less essential" to its path toward Level 3 eyes-off systems.

The company plans to wind down its lidar R&D unit by the end of this year , cutting a program that had cost it approximately $60 million in 2024 alone.

The move should perhaps be seen largely in the context of other systems, with lidar sensors having made strides in recent years to the point where their cost and development is a much lesser concern.

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Informative language

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informal

Language

English

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not offensive

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not hateful