GMHIW - MicroVision LiDAR Is Worth $2 Billion According To Valuation Of Velodyne And Luminar LiDAR By Ford Baidu Hyundai Volvo

• Velodyne and Luminar are currently (still) the market leaders in automotive LiDAR.
• Since 2016, Velodyne LiDAR has been valued at at least $1.8 billion in several financing rounds by Ford, Hyundai and Baidu, and also in July 2020 for the upcoming IPO.
• Luminar LiDAR has been just valued at $2.9 billion by investors including Volvo in the merger with Gores Metropoulos to be listed on Nasdaq.
• MicroVision Automotive LiDAR systems offer seven times the resolution at a fraction of the price of the latest Velodyne systems.
• Based on the valuation of Velodyne by Ford, Baidu and Hyundai, as well as Luminar by Volvo, the LiDAR division of MicroVision alone is worth approximately $2 billion.

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