LiDAR cost reduction boosts industry development

With the advancement of technology and the implementation of large-scale production, the cost of LiDAR is being greatly reduced. For example, Qiu Chunchao, CEO of RoboSense, said that in the future, mass-produced LiDAR products can be reduced from five transceiver modules to one, further reducing costs. In addition, as the demand for LiDAR increases, the cost reduction effect of large-scale production will also play a role, further promoting the development of the industry.