Veoneer to develop next-generation lidar system for global automaker

New Product Development

Company enters licensing agreement with Velodyne for commercializing its lidar solution

Veoneer has secured a contract from a global automaker to design and produce lidar systems for autonomous vehicles, the company announced in a press release on 7 January, without naming the automaker. “Lidar is a critical sensor for enabling autonomous vehicles,” says Jan Carlson, chairman, president and CEO of Veoneer. “We are proud to get this opportunity to supply next generation lidar systems to a global automaker, it further strengthens our development in providing trusted, innovative solutions for the auto industry,” Carlson said.

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