velodyne president jellen sees bright future for self-driving cars - sensor laser

NEW YORK (TheStreet)--Self-
On Thursday, nuonomy, a startup, launched a small group of cars in Singapore, driving a taxi on the road for the first time.
This launch is the culmination of years of research and development in all aspects of technology, which has become the science of the past --
Turn fictional fantasy into reality.
Speed generator LiDARPresident Mike Jellen, supplier of laser sensors from
As the car market grew, driving cars appeared on CNBC's "Squawk Alley" on Thursday to discuss the future of his company's products.
"We will see thousands [of]
Vehicles for the next few years [
Adopt technology]
Jellen told Jon Fortt of the network on Thursday. "And then [move]
In the next four or five years, thousands of people, especially when people apply their software for fully self-developed cars to drive them, making them safer.
"Velodyne was released on August.
It raised $0. 15 billion from Ford. F -Get Report)
Baidu, a Chinese network service company, is responsible for its optical detection and ranging (LiDAR)technology.
According to Fortt, China's investment comes at a time when China is skeptical about self-driving cars.
"As far as I know, actually Chinais]
"In some cases people are not excited about autonomous driving because they want people to drive cars," Fortt said . ".
"It gives people work to do.
"We have heard positive feedback from the Chinese government, and even to some extent they are allocating parts of the cities for autonomous trials, similar to what we have heard in Singapore," Jellen responded . ".
"We have heard the strong support of the Chinese government.
"At present, Singapore will remain the focus of the industry. (
In addition, Ford is part of the portfolio of dividend equity advisers.
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