Automotive Safety Company Autoliv Joins Velodyne's Tier-1 Lidar Program

Velodyne LiDAR said automotive safety company Autoliv joined its Tier-1 program and the companies will develop and manufacture a light detection and ranging product with high safety levels for autonomous vehicles using Velodyne’s core 3D software technology and ASIC (application-specific integrated circuit) engine. Velodyne CEO David Hall said, adding Autoliv brings product breadth and allows Velodyne to “scale capacity in-region, around the world.”