The Future Of LIDAR For Automotive Applications

Criteria for Joining the Inner Circle of Tier 1 Automotive Suppliers Four major requirements are essential for becoming a key vendor to tier 1 suppliers: * History of proven, robust technology. Since active passenger safety systems and AVs are new, tier 1 suppliers are looking for a proven track record of technology based on its success in other markets. * Staying power and credibility as a supplier. Because some startups and tech companies don’t have these capabilities and haven’t established proven reputations with automakers, they are willing to take bigger risks and partner with less credible suppliers. Ride sharing companies and taxis could offer tiered levels of AV services to passengers. * Trucking. Because trucking companies no longer need to pay drivers for AVs, they could invest that budget into AV technology. First deployments could happen on tech campuses in the West.