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Self-driving cars are at the core of the future automotive industry. Experts in the industry predict that by the year 2025, vehicles with conditional automation (Lv. 3) will be widely popularized and vehicles featuring high levels of autonomy (Lv. 4) will be introduced. In preparation, key players in the automotive industry are focused on unlocking breakthrough technologies to secure a leadership position in the autonomous market.
Backed by stable and customized manufacturing paired with cost competitiveness, LG Innotek is primed to take on a leadership position in commercializing LiDAR in autonomous vehicles.
Sophisticated and complex sensing technologies are essential to the development of fully autonomous cars (Lv. 4). LG Innotek is prepared to provide partners with autonomy solutions such as LiDAR, RADAR,5) and other camera and communication modules, in addition to the motor, power, and lighting components it already supplies.
Starting with LiDAR, we plan to share more insights on autonomous vehicles, e-mobility, and overall trends in the car component industry through this regular newsletter.