Xpeng Motors invests in lidar company to bolster self-driving tech

Jan 13, 2022 9:00 am

Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars, announced a new investment from three Chinese automakers on Monday, including Xpeng Motors. The company becomes the latest startup to tap growing investor interest in the self-driving car space.

The investment is another sign of the increasing interest in lidar sensors, seen as a crucial building block for future vehicles by most auto and tech firms. Lidar is a key component for self-driving cars and uses laser light to sense surroundings. 


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