[250117] #Vueron Technology #Waymo #Hesai

1. Vueron Technology unveils VueX at CES 2025

• Vueron Technology will participate in CES 2025 in Las Vegas from January 7 to January 10, showcasing its LiDAR-based autonomous driving and smart infrastructure solutions.
• The company will unveil VueX, a zero-cost LiDAR platform that streamlines deployment processes and offers tailored, fast, and accurate solutions for diverse industries.
• VueX aims to address industry challenges by reducing the resources needed for deploying LiDAR systems, redefining the paradigm of existing LiDAR products.
• Visitors can experience VueX and Vueron’s latest LiDAR perception solution for ADAS through real-time vehicle demonstrations at booth #3860 in the Mobility Hall (West Hall).
• Vueron’s booth will feature a media tower showcasing 35 applications of its solutions, including VueOne (autonomous driving) and VueTwo (smart infrastructure), used by global clients.
• Vueron recently secured $20 million in new investment to accelerate R&D and global market expansion, strengthening its position in the autonomous driving ecosystem.
• CEO Jae Kwang Kim emphasized Vueron’s commitment to demonstrating transformative technologies like VueX and opening new possibilities in the LiDAR market.
• Building on praise from CES 2024, Vueron aims to expand its global customer base and solidify its position in the LiDAR solutions market at CES 2025.

  

2. It is predicted that the Robo-Taxi (autonomous driving driverless taxi) market, which is led by Google..

• The global robo-taxi market, led by Alphabet’s Waymo, is expected to intensify competition in 2025, with Tesla and Amazon poised to expand their presence.
• The global ride-sharing service market is projected to grow from $123.8 billion in 2023 to $480.9 billion by 2032, with robo-taxis accounting for a small portion.
• Waymo, a leader in the field, has completed over 5 million self-driving trips since its inception in 2009 and operates in Phoenix, San Francisco, and Los Angeles.
• Tesla aims to mass-produce its robo-taxis by 2026, enabling Model Y vehicles to function as robo-taxis and allowing owners to profit during idle times.
• Amazon’s self-driving subsidiary, Juks, is piloting four-seater robo-taxis without driver seats in several U.S. cities, with plans to expand testing to Miami next year.

Major players like Waymo, Tesla, and Amazon’s Juks are driving fierce competition in the growing global robo-taxi market, projected to expand by 2032.

3. Hesai achieves milestone as the world’s first lidar company to deliver 100K units per month

• Hesai Technology delivered over 100,000 lidar units in December, becoming the first lidar company globally to achieve this milestone.
• The company also set a record in the robotics market, delivering more than 20,000 lidar units in December.
• Hesai plans to exceed 2 million units in annual capacity by 2025, leveraging mass production and R&D innovation.
• In the ADAS market, Hesai secured over 100 design wins across 21 OEMs, including new contracts for 10+ vehicle models from three top Chinese automakers, with launches planned for 2025.
• In robotics, Hesai serves customers in 40+ countries and plans to launch a new 3D lidar model and partnerships at CES 2025.
• With operations in Europe, the US, and Asia and 1,700+ patents, Hesai continues to advance mobility technology for safer and smarter solutions.

4. RideFlex, an autonomous driving software startup, announced on the 27th that it will cooperate with

5.Valeo readies to tap into ADAS demand from Indian car and SUV makers

• French automotive technology leader Valeo plans to localize ADAS (Advanced Driving Assistance Systems) in India, anticipating increased demand driven by stricter safety regulations.
• India is expected to become one of the fastest-growing ADAS markets, with Valeo projecting global penetration of Level-2+ ADAS features to reach 50% by 2030.
• Valeo India is focused on affordable, software-defined vehicles by leveraging front camera computing power for additional ADAS functionalities.
• Localization strategies include adapting technology for India’s value-conscious market, reducing costs through scale, and building on past successes with EV components and cameras.
• Valeo is fine-tuning its ADAS systems to suit Indian conditions by testing a demo vehicle across the country and gathering data on local road environments.
• The company’s R&D centers in Chennai, Bengaluru, and Hyderabad are driving global ADAS development, with over 50% of activities focused on ADAS and significant contributions in software, electronics, and cybersecurity.