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

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

Mercedes-Benz plans to integrate Luminar lidar sensors into its next-generation vehicle platform. AFP via Getty Images Luminar, a laser lidar startup led by one of the youngest U.S. billionaires, 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 …

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Electric hydrofoil maker accelerates growth with £20m investment

Electric hydrofoil maker accelerates growth with £20m investment

Electric boat maker Candela has announced it will accelerate its plans to sell electric hydrofoils after raising additional invetsment. Candela claims it tops sales worldwide for electric leisure and commercial vessels, and is seeking to expand its range of electric-powered hydrofoils after securing more than £20m of investment from venture capitalists. It says it will use the …

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