Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” …
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production….
Luminar founder and CEO Austin Russell’s bid to buy Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes, terminated the agreement with Russell after he failed to secure the idea…
Luminar, the Nasdaq-listed lidar maker from Florida, is making a push into China as the world’s largest auto market races to put automated and autonomous driving vehicles on the road. By 2028, more than one million Luminar-equipped cars will be on the road in China, Luminar’s founder and CEO Austin Russell said this week at…
Mercedes-Benz has agreed to a “multibillion-dollar” deal with Luminar to integrate lidar technology and software into the German automaker’s next-generation of vehicles set to go into production by the middle of the decade. The deal announced Wednesday during an event at the Mercedes-Benz Research and Development North America facility in Sunnyvale, California is an expansion…
Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.
At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.
We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.
From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.
So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.
