![]() Those laser pulses return to the sensors. ![]() ![]() These LiDAR sensors essentially beam out laser pulses to their surroundings. Ideally, you want to do this with built-in cameras, since cameras are space and cost efficient.īut computer vision has significant limitations, so it has become commonplace across the AV space to equip cars with add-on, laser light perception sensors called LiDAR. The key to unlocking full autonomy is to enable cars to have complete “ vision” – or, more specifically, give them a human-like ability to see and respond to their surroundings. LiDAR Is the Technological Foundation of Self-Driving In that group of LiDAR stocks, the cream-of-the-crop is LAZR stock - so, in effect, arguably the best way to play the self-driving revolution is through buying LAZR stock. One of the way best ways to play this disruption is by buying LiDAR stocks. The entire multi-trillion-dollar auto market is on the cusp of being uprooted by AV technology. All 70 million are expected to include some form of autonomous driving capability by 2030, with most having partial automation (the vehicles can perform steering and acceleration, but require a human to still monitor tasks and take control) and a handful having high automation (the vehicles can perform all driving tasks in most conditions). Worldwide, about 70 million new passenger cars are sold every year. It’s only a matter of time before these semi-autonomous and fully-autonomous cars go into production mode, and end up in the garages of consumers all across the globe. Indeed, in China, fully autonomous vehicles without any driver in the car are already being tested. Semi-autonomous cars are already on the roads, conducting test drives in various cities throughout the world, including Phoenix, Detroit, Boston, Berlin, London, and many, many more.įully autonomous cars are not too far behind. Once just a science fiction concept that popped up in movies and books about the future, self-driving cars are quickly becoming a reality. Welcome, ladies and gentlemen, to the self-driving revolution.
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