Summary

LAS VEGAS — The automated driving gold rush of the past decade produced hundreds of companies chasing self-driving trucks and robotaxis. Unfortunately for many, the economics never panned out. Things like billion-dollar development costs, expensive sensor suites and unsustainable business models led to flash-in-the-pan announcements that quietly faded. What survived, according to MicroVision's leadership, was something more valuable: the infrastructure, algorithms and talent that now form the foundation of what the company calls LiDAR 2.0.

AI summaries can be wrong sometimes—always verify important details using the source article.