The advent of 4D imaging radar technology for automotive sensing and autonomous driving
applications has reshaped the timetables and economics of our evolution from L0 to
fully autonomous L5 vehicles. Radar’s newly tapped ability to enable precise environmental
mapping dramatically enhances vehicles’ overall sensing and awareness capabilities, and in
so doing, redefines industry expectations for radar’s role going forward relative to camera sensors
and particularly lidar sensors.

On a broad range of performance and reliability metrics, imaging radar closes the gap with lidar
and even outperforms it in some dimensions, at commercial cost structures that lidar does not
yet approximate — and may never. As these sensor technologies begin to overlap in functionality,
their respective roles and costs must be closely assessed.

In parallel, […]

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