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News, Analysis & Perspective on Autonomous Vehicles

Velodyne Lidar chief eyes growth as stock sinks in public debut

(Bloomberg) — Velodyne Lidar Inc. could ride higher as the self-driving car revolution takes hold — that is if such modes of transport come to realization sooner rather than later.

The maker of sensors used in Advanced Driver Assistance Systems (ADAS), self-driving cars and trucks is projected to see robust revenue growth and hit full-year profitability as soon as 2022, according to Chief Executive Officer Anand Gopalan.

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