Junwei Bao, Co-Founder & CEOA common trait among new industry segments fueled by innovations, the pitfalls outweigh the degree of reliability. Case in point: autonomous driving—the new wave in the automotive industry—and the roadblocks car manufacturers and early adopters of self-driving cars are faced with. In the existing landscape, the automotive industry has yet to bring to market a self-driving car that meets criterions such as safety and affordability. Conversely, high-tech companies hoping to venture into autonomous driving haven’t successfully hatched a business model that can generate revenue through self-driving cars. Most of the challenges stem from Level 3 and Level 4 self-driving cars and not the fully-automated Level 5 variants—currently too expensive for mass production. In Level 3 vehicles, the autonomous driving system alerts the driver to take control in certain scenarios that are beyond its capacity. In Level 4, the system can overcome pre-defined scenarios. Either way, safety, and reliability leave a lot to be desired in self-driving cars, and industry experts cite a common denominator for the shortcomings—expensive technology. “When a Level 3 or Level 4 self-driving car runs into an accident in the future, would the manufacturer concede that they didn’t utilize safer methods, sensors, and expensive technologies? In many ways, safety is being compromised, and that is not acceptable,” says Junwei Bao, co-founder and CEO of Innovusion, a startup based in Silicon Valley—the epicenter of the advanced driver-assistance systems (ADAS) industry.
On a quest to make self-driving cars safer, Innovusion has designed the world’s first image-grade LiDAR (Light Detection and Ranging) system intended to create a high-density point-cloud for self-driving perception, decision, and control. Designed to provide crucial information about dynamic environments, a high angular resolution allows the LiDAR to detect cars for up to 270 meters, small objects, and even reading signage.The image-grade technology makes it seamless to reliably detect vehicles that are hundreds of meters away. “In Level 3 self-driving cars, our goal is to allow drivers to be hands-off and minds off—meaning they can afford to be distracted rather than being prompted to take control. The transition to manual driving could take up to 10 seconds due to psychological and physical limitations.
Our sensor LiDAR system—capable of capturing 3D images from long distances—is built to allow the autonomous vehicle to drive reliably without running into danger,” adds Bao.
Our sensor LiDAR system— capable of capturing 3D images from long distances—is built to allow the autonomous vehicle to drive reliably without running into danger
As of this writing, Innovusion is working with its customers in testing the LiDAR system. Thus far, the startup’s greatest feat is being chosen by an automotive giant as the LiDAR supplier for a new series of Level 4 self-driving cars. “After choosing us as one of the finalists, they tried out samples of our system to test criterions such as 360-degree image capability, distance, frame rate, working principles, standing pattern, etc. Their goal is to build a complete system—in the meantime, they are using our sensors to develop perception solutions while working on aspects such as planning and control and execution. They realize that the final version of the car is a few years away, and are accommodating us in the development program,” reveals Bao, while stressing that Innovusion has aligned its roadmap with said client’s requirements.
In the near future, Innovusion will make its compact and easy-to-integrate LiDAR systems available commercially. With the financial backing to facilitate volume production, Innovusion also benefits from the foundational pieces that drive its innovations. “Since a third our employees and partners are Chinese, we have knowledge of both the Chinese and western markets,” concludes Bao. A recent McKinsey future forecast revealed that autonomous vehicles are positioned to take over the entire automotive market in China.