Mercedes-Benz, Luminar Collaboration To Produce Safer Autonomous Vehicles Using Iris LiDAR Tech

Mercedes-Benz closed a new massive deal with Luminar. The giant automaker is now expected to produce safer and more efficient autonomous vehicles thanks to their collaboration.

Thanks to this, Luminar's shares are now trading more than 17.7% higher. Once Mercedes-Benz uses the Iris LiDAR tech for its next-gen passenger cars, the vehicle developer is expected to share certain data from the cars' productions and developments.

This will allow Luminar to use the acquired information to enhance its LIDAR technology further. Aside from Mercedes-Benz, the global automotive tech firm also have other partnerships.

These include a deal with Volvo cars, allowing Volvo to use its LiDAR tech for its upcoming flagship electric SUV models.

How LiDAR Can Help Make Safer Autonomous Cars

LiDAR technology is now being used in various innovations. One of these is the advanced iPhone 12, allowing the smartphone to offer better VR or AR output.

For those who don't have any idea about LiDAR, it is a remote sensing method that can allow experts to examine the surface of the Earth efficiently.

If it is integrated into an autonomous system of a car, the vehicle has a more efficient detecting capability, allowing it to avoid obstacles.

Ford and ADT also collaborated to create the new car accessory called Canopy in other news. Meanwhile, BMW M760i is expected to be the last V12 production vehicle.

For more news updates about the collaboration of Mercedes-Benz and Luminar, as well as other related stories, always keep your tabs open here at TechTimes.

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Written by: Griffin Davis