Mercedes Signs On To Use Luminar Lidar In Its Luxury Cars, Invests In Laser Sensor Maker

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The luxury automaker is buying 1.5 million shares of the laser lidar startup that’s led by one of the youngest U.S. billionaires.

AFP via Getty Images, has a new partnership with Mercedes-Benz that includes supplying sensors for its luxury vehicles and gathering on-road data from them to improve automated driving. The German carmaker also bought a small stake in the tech company.

Luminar’s Iris lidar will be integrated into future Mercedes planned for its next-generation platform to improve safety and help them operate autonomously during highway driving, the companies said. Details including specific models that will use the sensor and when they’ll be available for sale to customers aren’t being disclosed. Mercedes also acquired 1.

 

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