Velodyne slices price of LiDAR units in half to USD 4,000

Velodyne LiDAR, a leading supplier of the laser-based guidance system for autonomous vehicles, has cut the price of its latest product in half to approximately USD 4,000.
The price cut applies to the company's VLP-16 puck, which is mounted atop a vehicle and surveys its surrounding environment via a laser that spins ....

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