With American car manufacturer Ford and Chinese search engine giant Baidu working on their, they also know when it’s time they bring in help. And that they did, as Ford and Baidu made a joint investment of US$150 million to LIDAR tech company Velodyne.
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Ford And Baidu Invest US$ 150 Million In LiDAR Tech For Autonomous Cars
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Both new investors are primed for its new tech; according to a statement Baidu is already testing self-driving vehicles and plans to form a 100-person team in Silicon Valley. And of course, along with other major carmakers, Ford is developing its autonomous tech and plans to triple the size of its U.S
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