Pioneer forms new company for autonomous driving

Pioneer forms new company for autonomous driving

The new company aims to further promote autonomous driving-related business of Pioneer Group with a focus on 3D-LiDAR based sensing technologies. New Delhi: Pioneer Corporation has announced the establishment of a new company, Pioneer Smart Sensing Innovations Corporations for autonomous driving , informs the group in a release.

As the release says, the new company aims to further promote autonomous driving-related business of Pioneer Group with a focus on 3D-LiDAR based sensing technologies.

Headquartered in Tokyo, the company has a capital of 100 million yen, with 100 per cent ownership from Pioneer Corporation. It will be headed by Haruhiko Takagi.

Pioneer Corporation also claims that this new autonomous driving business company will be responsible for planning, research, development, manufacturing, production and sales of optical equipment and electronic equipment, machinery, software and tools as well.

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