Making the Roads Safer with Cepton, Inc. (NASDAQ: CPTN)’s Automotive Lidar Solutions
The National Highway Traffic Safety Administration estimated pedestrian crashes accounting for $112.5 billion in total societal impact in 2019 According to Cepton, “Systems with lidar, camera & radar have been found to have the potential to prevent 98% of pedestrian fatalities” Cepton recently unveiled its new Vista(R)-X90 Plus lidar, the world’s smallest high-performance automotive lidar with software definable perception capabilities Interest in autonomous driving is high, but most drivers still aren’t comfortable with the idea of operating without human involvement. The reason, as with many new technologies, boils down to understanding. The J.D. Power 2022 Mobility Confidence Index report made…