Hyundai Mobis announced its partnership with Velodyne Lidar for mass-producing level 3 autonomous driving LiDAR system. Hyundai Mobis will also invest US$50 million in Velodyne to reinforce business cooperation in LiDAR commercialization. (Image: Hyundai Mobis) The two companies will collaborate on new LiDAR system supply by integrating Velodyne’s latest LiDAR sensors with Hyundai Mobis’ cognitive software. Hyundai Mobis’ cognitive software will process the outside vehicle environment data gathered by LiDAR sensors which means tha...